316 Bertie DrRaleighNC27610
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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 316 Bertie Dr, Raleigh, NC, 27610 uses $92,787 cash to close to unlock $2,065/yr annual cash flow and $172/mo monthly cash flow. Total monthly income runs $1,878/mo, and a $1,370/mo payment keeps the spread at $172/mo. Purchase price stands at $279,900, and rental yield measures 8.05% with $1,878/mo rent. Return on cash invested shows 22.13% in year one, and 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 114.7% and total cumulative return in cash records $106,429. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,878/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 1996
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27610, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,468 (100%) |
| Owner Occupied HU | 17,254 (56.6%) |
| Renter Occupied HU | 11,637 (38.2%) |
| Vacant Housing Units | 1,577 ( 5.2%) |
| Median Home Value | $312,788 |
| Average Home Value | $354,970 |
Housing Distribution
Address Breakdown
Residential
29,432
Single Family
25,146
Multi-Family
4,286
Businesses
1,252
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Listed by: Teresa Connor • Long & Foster Real Estate INC/Raleigh
Mls Name: Long & Foster Broker Feed
Mls ID: #10132095