226 William Drummond WayRaleighNC27604
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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
Total monthly income runs $2,214/mo, and a $2,393/mo payment. Purchase price stands at $489,000, and rental yield measures 5.43% with $2,214/mo rent. Return on cash invested shows 14.24% in year one, and 5% annual appreciation builds toward $135,102 over five years. Five-year ROI reaches 72.34% and total cumulative return in cash records $117,262. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,214/mo property income covering a $2,393/mo payment rather than investor’s personal income.
Townhouse
Built in 2014
871.20 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: Lisa Quin • Compass -- Cary
Mls Name: Doorify MLS
Mls ID: #10131689