2313 Grant AveRaleighNC27608
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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
Investment property for sale in Raleigh at 2313 Grant Ave, Raleigh, NC, 27608 listed at $1,775,000 pairs $1,589/mo rent with a $8,688/mo payment. Total monthly income runs $1,589/mo. Return on cash invested measures 1.11% in year one, and rental yield registers 1.07% at a $1,775,000 basis. Equity gained on principal adds $11,454/yr, and annual property appreciation at 5% supports $490,400 by year five. Five-year ROI tracks 1.82% and total cumulative return in cash totals $10,450. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,589/mo property income relative to a $8,688/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2027
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27608, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,950 (100%) |
| Owner Occupied HU | 3,873 (65.1%) |
| Renter Occupied HU | 1,716 (28.8%) |
| Vacant Housing Units | 361 ( 6.1%) |
| Median Home Value | $902,954 |
| Average Home Value | $979,755 |
Housing Distribution
Address Breakdown
Residential
5,483
Single Family
5,005
Multi-Family
478
Businesses
319
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Listed by: Jason Queen • Monarch Realty Co.
Mls Name: Doorify MLS
Mls ID: #10124982