3028 Ethan LnRaleighNC27613
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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 3028 Ethan Ln, Raleigh, NC, 27613 listed at $596,300 pairs $3,914/mo rent with a $2,919/mo payment to leave $279/mo cash flow. Total monthly income runs $3,914/mo, and annual cash flow reaches $3,353/yr on $196,183 cash to close. Return on cash invested measures 21.77% in year one, and rental yield registers 7.88% at a $596,300 basis. Equity gained on principal adds $3,848/yr, and annual property appreciation at 5% supports $164,747 by year five. Five-year ROI tracks 112.67% and total cumulative return in cash totals $221,042. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,914/mo property income relative to a $2,919/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1975
3.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27613, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,131 (100%) |
| Owner Occupied HU | 13,139 (65.3%) |
| Renter Occupied HU | 6,526 (32.4%) |
| Vacant Housing Units | 466 ( 2.3%) |
| Median Home Value | $578,619 |
| Average Home Value | $619,455 |
Housing Distribution
Address Breakdown
Residential
20,069
Single Family
14,392
Multi-Family
5,677
Businesses
501
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Listed by: N/A • N/A
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