3519 Topaz StWake ForestNC27587
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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 Wake Forest at 3519 Topaz St, Wake Forest, NC, 27587 offers $1,975/mo rent that, after a $1,257/mo payment, leaves $405/mo cash flow. Total monthly income is $1,975/mo, and annual cash flow is $4,858/yr on $85,129 cash. Return on cash invested measures 25.62% in year one, and rental yield stands at 9.23% at a $256,800 entry. Equity gained on principal adds $1,657/yr while 5% annual appreciation compounds into $70,949 by year five. Five-year ROI records 133.35% and total cumulative return in cash reaches $113,517. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,975/mo property income versus a $1,257/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1987
1 Acres lot
$N/A/sqft
$60 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27587, Wake Forest, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,796 (100%) |
| Owner Occupied HU | 26,327 (73.5%) |
| Renter Occupied HU | 7,313 (20.4%) |
| Vacant Housing Units | 2,156 ( 6.0%) |
| Median Home Value | $536,728 |
| Average Home Value | $601,447 |
Housing Distribution
Address Breakdown
Residential
32,873
Single Family
30,365
Multi-Family
2,508
Businesses
1,451
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Listed by: Stephanie Anson • Northside Realty Inc.
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10076524
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.