3400 Kensett WayRaleighNC27616
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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
Rental property for sale in Raleigh at 3400 Kensett Way, Raleigh, NC, 27616 generates $2,280/mo in rent, after a $1,908/mo payment. Total monthly income is $2,280/mo. Return on cash invested sits at 19.02% in year one, and rental yield is 7.02% on a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 97.97% and total cumulative return in cash sums $126,625. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,280/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27616, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,617 (100%) |
| Owner Occupied HU | 14,069 (54.9%) |
| Renter Occupied HU | 10,238 (40.0%) |
| Vacant Housing Units | 1,310 ( 5.1%) |
| Median Home Value | $379,663 |
| Average Home Value | $432,165 |
Housing Distribution
Address Breakdown
Residential
24,762
Single Family
18,978
Multi-Family
5,784
Businesses
1,240
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Listed by: Matthew Peedin • Keller Williams Realty Cary
Mls Name: Doorify MLS
Mls ID: #10142835