400 Bryan Pointe Dr UNIT 104RaleighNC27608
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 400 Bryan Pointe Dr UNIT 104, Raleigh, NC, 27608 generates $3,278/mo in rent, after a $4,038/mo payment. Total monthly income is $3,278/mo. Return on cash invested sits at 12.32% in year one, and rental yield is 4.77% on a $825,000 entry. Equity gained on principal adds $5,324/yr, while 5% annual appreciation builds toward $227,932 over five years. Five-year ROI reaches 62% and total cumulative return in cash sums $168,273. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,278/mo property income rather than buyer’s personal income.
Condo
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27608, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,950 (100%) |
| Owner Occupied HU | 3,873 (65.1%) |
| Renter Occupied HU | 1,716 (28.8%) |
| Vacant Housing Units | 361 ( 6.1%) |
| Median Home Value | $902,954 |
| Average Home Value | $979,755 |
Housing Distribution
Address Breakdown
Residential
5,483
Single Family
5,005
Multi-Family
478
Businesses
319
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Betsy Simmons • Simmons Realty Group
Mls Name: Doorify MLS
Mls ID: #10122348