2317 Declaration DrRaleighNC27615
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 2317 Declaration Dr, Raleigh, NC, 27615 offers a 8.01% rental yield on a $384,900 purchase with $2,568/mo rent. Total monthly income registers $2,568/mo, and a $1,884/mo payment leaves $172/mo available for distribution. Annual cash flow reaches $2,063/yr on $127,594 to close, and return on cash invested stands at 21.53% in year one. Equity gained on principal adds $2,484/yr while 5% annual appreciation supports $106,341 over five years. Portfolio math shows five-year ROI at 111.55% and total cumulative return in cash at $142,335. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,568/mo property income against a $1,884/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
7,405 sqft lot
$N/A/sqft
$225 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sonal Savani • DASH Carolina
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10121439
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.