2109 Woodwyck WayRaleighNC27604
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Raleigh at 2109 Woodwyck Way, Raleigh, NC, 27604 uses $124,313 cash to close to unlock $828/yr annual cash flow and $69/mo monthly cash flow. Total monthly income runs $2,399/mo, and a $1,835/mo payment keeps the spread at $69/mo. Purchase price stands at $375,000, and rental yield measures 7.68% with $2,399/mo rent. Return on cash invested shows 20.58% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 106.44% and total cumulative return in cash records $132,315. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,399/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 2001
6,969 sqft lot
$N/A/sqft
$135 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27604, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,536 (100%) |
| Owner Occupied HU | 10,043 (46.6%) |
| Renter Occupied HU | 10,329 (48.0%) |
| Vacant Housing Units | 1,164 ( 5.4%) |
| Median Home Value | $340,004 |
| Average Home Value | $401,875 |
Housing Distribution
Address Breakdown
Residential
20,430
Single Family
16,920
Multi-Family
3,510
Businesses
1,579
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Listed by: Linda Craft • Linda Craft Team, REALTORS
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10119869
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.