3626 Jordanmill CtRaleighNC27616
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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 3626 Jordanmill Ct, Raleigh, NC, 27616 generates $2,232/mo in rent and, after a $1,591/mo payment, leaves $251/mo in cash flow. Total monthly income is $2,232/mo, and annual cash flow is $3,012/yr on $107,738 invested. Return on cash invested sits at 22.7% in year one, and rental yield is 8.24% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 117.7% and total cumulative return in cash sums $126,805. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,232/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
9,147 sqft 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: Onochie Okafor • NGR Property Associates
Mls Name: Doorify MLS
Mls ID: #10128529