428 S Meadow RdRaleighNC27603
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow428 S Meadow Rd, Raleigh, NC, 27603 in Raleigh earns its strong cash-flow label: 11.7% yield, $3,508/mo rent, $1,314/mo net income, DSCR 2.17. The $359,900 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $99,434 by year five. Combined with $3,315/yr in principal paydown, total projected return reaches $220,986.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 5.8% |
| Monthly Cash Flow | $1,314 | $1,850 |
City averages based on Raleigh market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,508 |
| Total Monthly Debt Service | $2,050 |
| DSCR Ratio | 1.71x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1989
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27603, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,862 (100%) |
| Owner Occupied HU | 14,518 (52.1%) |
| Renter Occupied HU | 11,290 (40.5%) |
| Vacant Housing Units | 2,054 ( 7.4%) |
| Median Home Value | $434,377 |
| Average Home Value | $484,278 |
Housing Distribution
Address Breakdown
Residential
24,605
Single Family
17,831
Multi-Family
6,774
Businesses
1,965
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
Single Family
Built in 1989
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27603, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,862 (100%) |
| Owner Occupied HU | 14,518 (52.1%) |
| Renter Occupied HU | 11,290 (40.5%) |
| Vacant Housing Units | 2,054 ( 7.4%) |
| Median Home Value | $434,377 |
| Average Home Value | $484,278 |
Housing Distribution
Address Breakdown
Residential
24,605
Single Family
17,831
Multi-Family
6,774
Businesses
1,965
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices