304 White Iris LoopCaryNC27519
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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 Cary at 304 White Iris Loop, Cary, NC, 27519 with 5% annual appreciation on a $975,000 basis while $4,534/mo rent supports operations. 27% in year one. Equity gained on principal adds $6,292/yr, and five-year appreciation sums $269,375 alongside rental yield of 5.58%. Five-year ROI measures 72.64% and total cumulative return in cash totals $233,019. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,534/mo property income versus a $4,772/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2019
10,454 sqft lot
$N/A/sqft
$417 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27519, Cary, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,394 (100%) |
| Owner Occupied HU | 17,672 (64.5%) |
| Renter Occupied HU | 8,097 (29.6%) |
| Vacant Housing Units | 1,625 ( 5.9%) |
| Median Home Value | $678,001 |
| Average Home Value | $748,230 |
Housing Distribution
Address Breakdown
Residential
26,524
Single Family
21,851
Multi-Family
4,673
Businesses
814
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Listed by: Rob Walton • Realty Raleigh
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10111868
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.