413 Alston St #101RaleighNC27601
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 413 Alston St #101, Raleigh, NC, 27601 generates $3,442/mo in rent, after a $2,885/mo payment. Total monthly income is $3,442/mo. Return on cash invested sits at 18.31% in year one, and rental yield is 7.01% on a $589,500 entry. Equity gained on principal adds $3,804/yr, while 5% annual appreciation builds toward $162,868 over five years. Five-year ROI reaches 94.39% and total cumulative return in cash sums $183,063. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,442/mo property income rather than buyer’s personal income.
Condo
Built in 2024
6,534 sqft lot
$N/A/sqft
$133 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27601, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,880 (100%) |
| Owner Occupied HU | 1,451 (24.7%) |
| Renter Occupied HU | 3,732 (63.5%) |
| Vacant Housing Units | 697 (11.9%) |
| Median Home Value | $624,684 |
| Average Home Value | $657,493 |
Housing Distribution
Address Breakdown
Residential
5,214
Single Family
3,004
Multi-Family
2,210
Businesses
1,057
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marinus C Leach • APERTURE LIFESTYLE REAL ESTATE
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10142525
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2026 Doorify MLS of North Carolina. All rights reserved.