429 Shinleaf Pond TrlRaleighNC27614
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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 429 Shinleaf Pond Trl, Raleigh, NC, 27614 priced at $1,825,000 converts $3,114/mo rent into after a $8,932/mo obligation. Total monthly income equals $3,114/mo. Return on cash invested prints 3.76% in year one, and rental yield reads 2.05% against a $1,825,000 entry. Equity gained on principal adds $11,776/yr, while 5% annual appreciation compiles into $504,214 by year five. Five-year ROI reaches 16.16% and total cumulative return in cash sums $95,544. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,114/mo property income covering a $8,932/mo payment, not borrower’s personal income.
Single Family
Built in 2025
1.38 Acres lot
$N/A/sqft
$2,100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27614, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,661 (100%) |
| Owner Occupied HU | 10,125 (69.1%) |
| Renter Occupied HU | 3,739 (25.5%) |
| Vacant Housing Units | 797 ( 5.4%) |
| Median Home Value | $616,769 |
| Average Home Value | $701,271 |
Housing Distribution
Address Breakdown
Residential
14,411
Single Family
11,166
Multi-Family
3,245
Businesses
450
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Listed by: John Young • Coldwell Banker HPW
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10103319
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.