2220 Raven Rd UNIT 104RaleighNC27614
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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 2220 Raven Rd UNIT 104, Raleigh, NC, 27614 generates $2,150/mo in rent and, after a $1,302/mo payment, leaves $328/mo in cash flow. Total monthly income is $2,150/mo, and annual cash flow is $3,940/yr on $88,179 invested. Return on cash invested sits at 24.38% in year one, and rental yield is 9.7% on a $266,000 entry. Equity gained on principal adds $1,716/yr, while 5% annual appreciation builds toward $73,491 over five years. Five-year ROI reaches 127.7% and total cumulative return in cash sums $112,601. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,150/mo property income rather than buyer’s personal income.
Condo
Built in 2025
N/A lot
$N/A/sqft
$200 monthly 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: Margaret McPhail • Mark Spain Real Estate
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10117769
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.