3043 Dogwood DrRaleighNC27604
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 3043 Dogwood Dr, Raleigh, NC, 27604 in Raleigh speaks for itself: 12.33% gross on a $349,000 price, generating $3,586/mo in rent and $1,459/mo in net income after the $1,569/mo debt service. DSCR 2.29, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $17,503 stacks alongside $96,422 in projected five-year appreciation and $3,214/yr in principal reduction. Projected total cumulative return: $226,142.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.3% | 5.8% |
| Monthly Cash Flow | $1,459 | $1,850 |
City averages based on Raleigh market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,586 |
| Total Monthly Debt Service | $1,988 |
| DSCR Ratio | 1.80x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1985
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27604, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,536 (100%) |
| Owner Occupied HU | 10,043 (46.6%) |
| Renter Occupied HU | 10,329 (48.0%) |
| Vacant Housing Units | 1,164 ( 5.4%) |
| Median Home Value | $340,004 |
| Average Home Value | $401,875 |
Housing Distribution
Address Breakdown
Residential
20,430
Single Family
16,920
Multi-Family
3,510
Businesses
1,579
Nearby investment properties with comparable rents
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
Single Family
Built in 1985
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27604, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,536 (100%) |
| Owner Occupied HU | 10,043 (46.6%) |
| Renter Occupied HU | 10,329 (48.0%) |
| Vacant Housing Units | 1,164 ( 5.4%) |
| Median Home Value | $340,004 |
| Average Home Value | $401,875 |
Housing Distribution
Address Breakdown
Residential
20,430
Single Family
16,920
Multi-Family
3,510
Businesses
1,579
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices