2521 Friedland Pl APT 301RaleighNC27617
Nearby investment properties with comparable rents
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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 2521 Friedland Pl APT 301, Raleigh, NC, 27617 listed at $194,900 pairs $1,866/mo rent with a $954/mo payment to leave $444/mo cash flow. Total monthly income runs $1,866/mo, and annual cash flow reaches $5,322/yr on $64,609 cash to close. Return on cash invested measures 28.15% in year one, and rental yield registers 11.49% at a $194,900 basis. Equity gained on principal adds $1,258/yr, and annual property appreciation at 5% supports $53,847 by year five. Five-year ROI tracks 148.5% and total cumulative return in cash totals $95,943. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,866/mo property income relative to a $954/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2003
N/A lot
$N/A/sqft
$207 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: Thomas Daniel Butler • Fonville Morisey/Brier Creek S
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10093627
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