2705 Everett AveRaleighNC27607
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 2705 Everett Ave, Raleigh, NC, 27607 in Raleigh at $723,146, 4.95% gross yield, is a market-growth asset. Rental yield 4.95%. The $2,983/mo rent partially funds the $3,252/mo debt service; the core return is the 5%/yr price growth projected to add $199,792 over five years. Ziffy Mortgage's DSCR mortgage (0.92) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $182,262.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5% | 5.8% |
| Monthly Cash Flow | $(1,424) | $1,850 |
City averages based on Raleigh market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,983 |
| Total Monthly Debt Service | $4,119 |
| DSCR Ratio | 0.72x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1928
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27607, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,974 (100%) |
| Owner Occupied HU | 4,220 (32.5%) |
| Renter Occupied HU | 7,330 (56.5%) |
| Vacant Housing Units | 1,424 (11.0%) |
| Median Home Value | $729,137 |
| Average Home Value | $791,211 |
Housing Distribution
Address Breakdown
Residential
11,489
Single Family
6,919
Multi-Family
4,570
Businesses
1,108
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
Single Family
Built in 1928
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27607, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,974 (100%) |
| Owner Occupied HU | 4,220 (32.5%) |
| Renter Occupied HU | 7,330 (56.5%) |
| Vacant Housing Units | 1,424 (11.0%) |
| Median Home Value | $729,137 |
| Average Home Value | $791,211 |
Housing Distribution
Address Breakdown
Residential
11,489
Single Family
6,919
Multi-Family
4,570
Businesses
1,108
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dale Moody • Cornerstone Properties
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10114414
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.