213 Bracken CtRaleighNC27615
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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
Rental property for sale in Raleigh at 213 Bracken Ct, Raleigh, NC, 27615 priced at $280,000 pairs $1,927/mo rent with $221/mo cash flow after a $1,370/mo payment. Total monthly income equals $1,927/mo, and annual cash flow comes to $2,652/yr on $92,820 invested. Return on cash invested is 22.77% in year one, and rental yield stands at 8.26% on a $280,000 basis. Equity gained on principal adds $1,807/yr, and 5% annual appreciation accumulates to $77,359 by year five. Five-year ROI measures 118.01% and total cumulative return in cash reaches $109,533. For financing, Ziffy Mortgage’s DSCR program evaluates $1,927/mo property income against a $1,370/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1983
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27615, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,752 (100%) |
| Owner Occupied HU | 13,070 (66.2%) |
| Renter Occupied HU | 6,101 (30.9%) |
| Vacant Housing Units | 581 ( 2.9%) |
| Median Home Value | $547,143 |
| Average Home Value | $621,510 |
Housing Distribution
Address Breakdown
Residential
19,835
Single Family
15,147
Multi-Family
4,688
Businesses
1,869
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Listed by: Tonia Zampieri • Northside Realty Inc.
Mls Name: Doorify MLS
Mls ID: #10102696