3019 Britmass DrRaleighNC27616
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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
Rental property for sale in Raleigh at 3019 Britmass Dr, Raleigh, NC, 27616 priced at $415,000 converts $2,652/mo rent into $98/mo cash flow after a $2,031/mo obligation. Total monthly income equals $2,652/mo, and annual cash flow totals $1,176/yr on $137,573 invested. Return on cash invested prints 20.76% in year one, and rental yield reads 7.67% against a $415,000 entry. Equity gained on principal adds $2,678/yr, while 5% annual appreciation compiles into $114,657 by year five. Five-year ROI reaches 107.37% and total cumulative return in cash sums $147,705. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,652/mo property income covering a $2,031/mo payment, not borrower’s personal income.
Single Family
Built in 2011
6,098 sqft lot
$N/A/sqft
$25 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27616, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,617 (100%) |
| Owner Occupied HU | 14,069 (54.9%) |
| Renter Occupied HU | 10,238 (40.0%) |
| Vacant Housing Units | 1,310 ( 5.1%) |
| Median Home Value | $379,663 |
| Average Home Value | $432,165 |
Housing Distribution
Address Breakdown
Residential
24,762
Single Family
18,978
Multi-Family
5,784
Businesses
1,240
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Listed by: Davida Hamilton Major • Keller Williams Elite Realty
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10096567
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.