3021 Winding Waters WayRaleighNC27614
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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
Investment property for sale in Raleigh at 3021 Winding Waters Way, Raleigh, NC, 27614 listed at $349,900 pairs $2,386/mo rent with a $1,713/mo payment to leave $253/mo cash flow. Total monthly income runs $2,386/mo, and annual cash flow reaches $3,037/yr on $115,992 cash to close. Return on cash invested measures 22.53% in year one, and rental yield registers 8.18% at a $349,900 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,671 by year five. Five-year ROI tracks 116.8% and total cumulative return in cash totals $135,474. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,386/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2005
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27614, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,661 (100%) |
| Owner Occupied HU | 10,125 (69.1%) |
| Renter Occupied HU | 3,739 (25.5%) |
| Vacant Housing Units | 797 ( 5.4%) |
| Median Home Value | $616,769 |
| Average Home Value | $701,271 |
Housing Distribution
Address Breakdown
Residential
14,411
Single Family
11,166
Multi-Family
3,245
Businesses
450
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Listed by: Brian Davis • Keller Williams Realty
Mls Name: Doorify MLS
Mls ID: #10105812