2620 Fairview RdRaleighNC27608
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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
Total monthly income runs $4,086/mo, and a $5,384/mo payment. Purchase price stands at $1,100,000, and rental yield measures 4.46% with $4,086/mo rent. Return on cash invested shows 11.56% in year one, and 5% annual appreciation builds toward $303,910 over five years. Five-year ROI reaches 57.81% and total cumulative return in cash records $206,047. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,086/mo property income covering a $5,384/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.35 Acres 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: Erica Jevons Sizemore • Keller Williams Realty
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10059222
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