3418 Leonard StRaleighNC27607
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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 3418 Leonard St, Raleigh, NC, 27607 with 5% annual appreciation on a $800,000 basis while $2,602/mo rent supports operations. 69% in year one. Equity gained on principal adds $5,162/yr, and five-year appreciation sums $221,025 alongside rental yield of 3.9%. Five-year ROI measures 47.89% and total cumulative return in cash totals $126,044. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,602/mo property income versus a $3,916/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27607, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,974 (100%) |
| Owner Occupied HU | 4,220 (32.5%) |
| Renter Occupied HU | 7,330 (56.5%) |
| Vacant Housing Units | 1,424 (11.0%) |
| Median Home Value | $729,137 |
| Average Home Value | $791,211 |
Housing Distribution
Address Breakdown
Residential
11,489
Single Family
6,919
Multi-Family
4,570
Businesses
1,108
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Listed by: Philip Layton • Market-One Realty, LLC
Mls Name: Doorify MLS
Mls ID: #10124052