2309 Clerestory PlRaleighNC27615
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2309 Clerestory Pl, Raleigh, NC, 27615 at $450,000 posts ROI 21.2% with $160/mo cash flow from $2,903/mo rent. Total monthly income equals $2,903/mo, and annual cash flow records $1,920/yr on $149,175 to close. Return on cash invested measures 21.2% and rental yield reads 7.74% at the current $450,000. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 by year five. Five-year ROI prints 109.61% and total cumulative return in cash totals $163,518.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,903/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1996
7,405 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: Brandon Gray Blackman • Hodge & Kittrell Sotheby's Int
Mls Name: Doorify MLS
Mls ID: #10092879