3089 Huntleigh DrRaleighNC27604
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
Investment Highlights
Investment property for sale in Raleigh at 3089 Huntleigh Dr, Raleigh, NC, 27604 listed at $195,000 pairs $1,570/mo rent with a $954/mo payment to leave $382/mo cash flow. Total monthly income runs $1,570/mo, and annual cash flow reaches $4,584/yr on $64,643 cash to close. Return on cash invested measures 27% in year one, and rental yield registers 9.66% at a $195,000 basis. Equity gained on principal adds $1,258/yr, and annual property appreciation at 5% supports $53,875 by year five. Five-year ROI tracks 140.75% and total cumulative return in cash totals $90,982. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,570/mo property income relative to a $954/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1983
N/A 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
Listed by: Cheryl Perry • Raleigh Realty Inc.
Mls Name: Doorify MLS
Mls ID: #10129253