2712 Manning PlRaleighNC27608
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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
Rental property for sale in Raleigh at 2712 Manning Pl, Raleigh, NC, 27608 generates $9,994/mo in rent and, after a $2,475/mo payment, leaves $6,912/mo in cash flow. Total monthly income is $9,994/mo, and annual cash flow is $82,945/yr on $166,392 invested. Return on cash invested sits at 69.91% in year one, and rental yield is 23.71% on a $505,750 entry. Equity gained on principal adds $3,264/yr, while 5% annual appreciation builds toward $139,729 over five years. Five-year ROI reaches 370.84% and total cumulative return in cash sums $617,041. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $9,994/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.77 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: N/A • N/A
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