4615 Nesbit CtRaleighNC27616
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 4615 Nesbit Ct, Raleigh, NC, 27616 priced at $290,300 converts $2,134/mo rent into $365/mo cash flow after a $1,421/mo obligation. Total monthly income equals $2,134/mo, and annual cash flow totals $4,376/yr on $96,234 invested. Return on cash invested prints 24.46% in year one, and rental yield reads 8.82% against a $290,300 entry. Equity gained on principal adds $1,873/yr, while 5% annual appreciation compiles into $80,205 by year five. Five-year ROI reaches 127.12% and total cumulative return in cash sums $122,330. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,134/mo property income covering a $1,421/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A 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: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A