2136 Persimmon Ridge DrRaleighNC27604
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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 2136 Persimmon Ridge Dr, Raleigh, NC, 27604 generates $1,990/mo in rent and, after a $1,478/mo payment, leaves $150/mo in cash flow. Total monthly income is $1,990/mo, and annual cash flow is $1,795/yr on $100,113 invested. Return on cash invested sits at 21.7% in year one, and rental yield is 7.91% on a $302,000 entry. Equity gained on principal adds $1,949/yr, while 5% annual appreciation builds toward $83,437 over five years. Five-year ROI reaches 112.35% and total cumulative return in cash sums $112,480. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,990/mo property income rather than buyer’s personal income.
Townhouse
Built in 2005
2,613 sqft lot
$N/A/sqft
No 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: Lisl Howell • EXP Realty LLC
Mls Name: Doorify MLS
Mls ID: #10139851