278 S Raleigh StAngierNC27501
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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 Angier at 278 S Raleigh St, Angier, NC, 27501 offers $1,836/mo rent that, after a $1,028/mo payment, leaves $556/mo cash flow. Total monthly income is $1,836/mo, and annual cash flow is $6,672/yr on $69,612 cash. Return on cash invested measures 29.49% in year one, and rental yield stands at 10.49% at a $209,990 entry. Equity gained on principal adds $1,355/yr while 5% annual appreciation compounds into $58,016 by year five. Five-year ROI records 154.2% and total cumulative return in cash reaches $107,340. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,836/mo property income versus a $1,028/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27501, Angier, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,569 (100%) |
| Owner Occupied HU | 7,115 (74.4%) |
| Renter Occupied HU | 1,944 (20.3%) |
| Vacant Housing Units | 510 ( 5.3%) |
| Median Home Value | $342,992 |
| Average Home Value | $353,137 |
Housing Distribution
Address Breakdown
Residential
9,345
Single Family
9,313
Multi-Family
32
Businesses
492
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Listed by: Justin Beers • Aimee Anderson & Associates
Mls Name: Doorify MLS
Mls ID: #10140281