2704 Manning PlRaleighNC27608
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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 2704 Manning Pl, Raleigh, NC, 27608 at $323,000 posts ROI 87.86% with $6,063/mo cash flow from $8,032/mo rent. Total monthly income equals $8,032/mo, and annual cash flow records $72,761/yr on $107,075 to close. Return on cash invested measures 87.86% and rental yield reads 29.84% at the current $323,000. Equity gained on principal adds $2,084/yr, and 5% annual appreciation supports $89,239 by year five. Five-year ROI prints 467.13% and total cumulative return in cash totals $500,181.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $8,032/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2021
0.42 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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Nearby investment properties with comparable prices
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