3141 Rapid Falls RdCaryNC27519
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 Cary at 3141 Rapid Falls Rd, Cary, NC, 27519 with 5% annual appreciation on a $390,000 basis while $2,515/mo rent supports operations. Total monthly income totals $2,515/mo and a $1,909/mo payment preserves $138/mo for cash returns. Annual cash flow comes to $1,656/yr on $129,285 deployed, and return on cash invested reaches 21.19% in year one. Equity gained on principal adds $2,517/yr, and five-year appreciation sums $107,750 alongside rental yield of 7.74%. Five-year ROI measures 109.57% and total cumulative return in cash totals $141,656.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,515/mo property income versus a $1,909/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2007
1,742 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laurene Sieli • Redfin Corporation
Mls Name: Doorify MLS
Mls ID: #10130235