332 Cottage Hill WayRaleighNC27604
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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
Rental property for sale in Raleigh at 332 Cottage Hill Way, Raleigh, NC, 27604 priced at $366,000 converts $2,418/mo rent into $103/mo cash flow after a $1,791/mo obligation. Total monthly income equals $2,418/mo, and annual cash flow totals $1,234/yr on $121,329 invested. Return on cash invested prints 20.93% in year one, and rental yield reads 7.93% against a $366,000 entry. Equity gained on principal adds $2,362/yr, while 5% annual appreciation compiles into $101,119 by year five. Five-year ROI reaches 108.48% and total cumulative return in cash sums $131,613. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,418/mo property income covering a $1,791/mo payment, not borrower’s personal income.
Single Family
Built in 2025
3,049 sqft lot
$N/A/sqft
$85 monthly 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
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Listed by: Danica Kuplin Amanchukwu • Garman Homes LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10093181
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.