2301 Declaration DrRaleighNC27615
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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 $2,075/mo, and a $1,894/mo payment. Purchase price stands at $387,000, and rental yield measures 6.43% with $2,075/mo rent. Return on cash invested shows 17.26% in year one, and 5% annual appreciation builds toward $106,921 over five years. Five-year ROI reaches 88.52% and total cumulative return in cash records $113,558. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,075/mo property income covering a $1,894/mo payment rather than investor’s personal income.
Single Family
Built in 1991
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27615, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,752 (100%) |
| Owner Occupied HU | 13,070 (66.2%) |
| Renter Occupied HU | 6,101 (30.9%) |
| Vacant Housing Units | 581 ( 2.9%) |
| Median Home Value | $547,143 |
| Average Home Value | $621,510 |
Housing Distribution
Address Breakdown
Residential
19,835
Single Family
15,147
Multi-Family
4,688
Businesses
1,869
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Listed by: Thomas Ladane Shoupe • Opendoor Brokerage LLC
Mls Name: Doorify MLS
Mls ID: #10116535