2201 Mountain Mist Ct UNIT 103RaleighNC27603
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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 2201 Mountain Mist Ct UNIT 103, Raleigh, NC, 27603 earns $271/mo cash flow from $1,740/mo rent with a $1,180/mo payment. Total monthly income totals $1,740/mo, and annual cash flow totals $3,250/yr on $79,892 capital. ROI tracks 23.98% on current figures, and rental yield reads 8.66% at a $241,000 purchase. Equity gained on principal adds $1,555/yr, and 5% annual appreciation supports $66,584 over five years. Five-year ROI reaches 124.54% and total cumulative return in cash sums $99,496. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,740/mo property income instead of your personal income.
Townhouse
Built in 1999
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27603, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,862 (100%) |
| Owner Occupied HU | 14,518 (52.1%) |
| Renter Occupied HU | 11,290 (40.5%) |
| Vacant Housing Units | 2,054 ( 7.4%) |
| Median Home Value | $434,377 |
| Average Home Value | $484,278 |
Housing Distribution
Address Breakdown
Residential
24,605
Single Family
17,831
Multi-Family
6,774
Businesses
1,965
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Listed by: Mark Rini • Mark Spain Real Estate
Mls Name: Doorify MLS
Mls ID: #10130127