3110 Settle In LnRaleighNC27614
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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 3110 Settle In Ln, Raleigh, NC, 27614 uses $117,351 cash to close to unlock $2,606/yr annual cash flow and $217/mo monthly cash flow. Total monthly income runs $2,440/mo, and a $1,733/mo payment keeps the spread at $217/mo. Purchase price stands at $354,000, and rental yield measures 8.27% with $2,440/mo rent. Return on cash invested shows 22.13% in year one, and 5% annual appreciation builds toward $97,804 over five years. Five-year ROI reaches 114.89% and total cumulative return in cash records $134,830. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,440/mo property income covering a $1,733/mo payment rather than investor’s personal income.
Single Family
Built in 2004
1,742 sqft lot
$N/A/sqft
$65 monthly 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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