3508 Oneonta AveRaleighNC27604
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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 3508 Oneonta Ave, Raleigh, NC, 27604 earns $404/mo cash flow from $2,080/mo rent with a $1,238/mo payment. Total monthly income totals $2,080/mo, and annual cash flow totals $4,843/yr on $83,870 capital. ROI tracks 25.68% on current figures, and rental yield reads 9.87% at a $253,000 purchase. Equity gained on principal adds $1,633/yr, and 5% annual appreciation supports $69,899 over five years. Five-year ROI reaches 134.4% and total cumulative return in cash sums $112,720. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,080/mo property income instead of your personal income.
Townhouse
Built in 2006
1,742 sqft lot
$N/A/sqft
$119 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: Shanda Heller • RE/MAX United
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10092920
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.