225 Elm StRaleighNC27601
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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 225 Elm St, Raleigh, NC, 27601 priced at $1,325,000 pairs $3,102/mo rent with after a $6,485/mo payment. Total monthly income equals $3,102/mo. Return on cash invested is 6.47% in year one, and rental yield stands at 2.81% on a $1,325,000 basis. Equity gained on principal adds $8,550/yr, and 5% annual appreciation accumulates to $366,073 by year five. Five-year ROI measures 30.54% and total cumulative return in cash reaches $131,116. For financing, Ziffy Mortgage’s DSCR program evaluates $3,102/mo property income against a $6,485/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1906
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27601, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,880 (100%) |
| Owner Occupied HU | 1,451 (24.7%) |
| Renter Occupied HU | 3,732 (63.5%) |
| Vacant Housing Units | 697 (11.9%) |
| Median Home Value | $624,684 |
| Average Home Value | $657,493 |
Housing Distribution
Address Breakdown
Residential
5,214
Single Family
3,004
Multi-Family
2,210
Businesses
1,057
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Listed by: William McElroy • Dogwood Properties
Mls Name: Doorify MLS
Mls ID: #10110843