3111 Hemlock Forest Cir APT 303RaleighNC27612
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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
Total monthly income runs $1,964/mo, and a $1,982/mo payment. Purchase price stands at $405,000, and rental yield measures 5.82% with $1,964/mo rent. Return on cash invested shows 12.4% in year one, and 5% annual appreciation builds toward $111,894 over five years. Five-year ROI reaches 63.54% and total cumulative return in cash records $85,310. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,964/mo property income covering a $1,982/mo payment rather than investor’s personal income.
Condo
Built in 2003
N/A lot
$N/A/sqft
$336 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27612, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,064 (100%) |
| Owner Occupied HU | 9,872 (44.7%) |
| Renter Occupied HU | 10,725 (48.6%) |
| Vacant Housing Units | 1,467 ( 6.6%) |
| Median Home Value | $629,577 |
| Average Home Value | $689,960 |
Housing Distribution
Address Breakdown
Residential
21,208
Single Family
11,826
Multi-Family
9,382
Businesses
1,398
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Listed by: David Henry Johnson • Long & Foster Real Estate INC/Brier Creek
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10126444
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.