2521 Friedland Pl APT 200RaleighNC27617
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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 2521 Friedland Pl APT 200, Raleigh, NC, 27617 offers a 8.55% rental yield on a $225,000 purchase with $1,603/mo rent. Total monthly income registers $1,603/mo, and a $1,101/mo payment leaves $43/mo available for distribution. Annual cash flow reaches $516/yr on $74,588 to close, and return on cash invested stands at 20.6% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 107.5% and total cumulative return in cash at $80,181. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,603/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2003
N/A lot
$N/A/sqft
$189 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27617, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,181 (100%) |
| Owner Occupied HU | 4,237 (37.9%) |
| Renter Occupied HU | 6,168 (55.2%) |
| Vacant Housing Units | 776 ( 6.9%) |
| Median Home Value | $553,776 |
| Average Home Value | $625,222 |
Housing Distribution
Address Breakdown
Residential
10,838
Single Family
4,133
Multi-Family
6,705
Businesses
977
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Nearby investment properties with comparable prices
Listed by: Millicent Williams • Howard Perry & Walston Realtor
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10054342
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