2111 Piney Brook Rd UNIT 101RaleighNC27614
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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 2111 Piney Brook Rd UNIT 101, Raleigh, NC, 27614 uses $94,444 cash to close to unlock $4,153/yr annual cash flow and $346/mo monthly cash flow. Total monthly income runs $2,082/mo, and a $1,394/mo payment keeps the spread at $346/mo. Purchase price stands at $284,900, and rental yield measures 8.77% with $2,082/mo rent. Return on cash invested shows 24.31% in year one, and 5% annual appreciation builds toward $78,713 over five years. Five-year ROI reaches 126.33% and total cumulative return in cash records $119,315. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,082/mo property income covering a $1,394/mo payment rather than investor’s personal income.
Townhouse
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27614, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,661 (100%) |
| Owner Occupied HU | 10,125 (69.1%) |
| Renter Occupied HU | 3,739 (25.5%) |
| Vacant Housing Units | 797 ( 5.4%) |
| Median Home Value | $616,769 |
| Average Home Value | $701,271 |
Housing Distribution
Address Breakdown
Residential
14,411
Single Family
11,166
Multi-Family
3,245
Businesses
450
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Listed by: Sandra Leonard • Coldwell Banker HPW
Mls Name: Doorify MLS
Mls ID: #10140266