4649 Edwards Mill RdRaleighNC27612
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 4649 Edwards Mill Rd, Raleigh, NC, 27612 generates $2,456/mo in rent and, after a $1,630/mo payment, leaves $22/mo in cash flow. Total monthly income is $2,456/mo, and annual cash flow is $268/yr on $110,390 invested. Return on cash invested sits at 20.15% in year one, and rental yield is 8.85% on a $333,000 entry. Equity gained on principal adds $2,149/yr, while 5% annual appreciation builds toward $92,002 over five years. Five-year ROI reaches 105.63% and total cumulative return in cash sums $116,609. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,456/mo property income rather than buyer’s personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
$398 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27612, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,064 (100%) |
| Owner Occupied HU | 9,872 (44.7%) |
| Renter Occupied HU | 10,725 (48.6%) |
| Vacant Housing Units | 1,467 ( 6.6%) |
| Median Home Value | $629,577 |
| Average Home Value | $689,960 |
Housing Distribution
Address Breakdown
Residential
21,208
Single Family
11,826
Multi-Family
9,382
Businesses
1,398
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cindy Bright • My Dog Tess, Inc.
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10115900
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.