4706 Blue Bird Ct APT ARaleighNC27606
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 4706 Blue Bird Ct APT A, Raleigh, NC, 27606 priced at $210,000 pairs $1,625/mo rent with $81/mo cash flow after a $1,028/mo payment. Total monthly income equals $1,625/mo, and annual cash flow comes to $970/yr on $69,615 invested. Return on cash invested is 21.3% in year one, and rental yield stands at 9.29% on a $210,000 basis. Equity gained on principal adds $1,355/yr, and 5% annual appreciation accumulates to $58,019 by year five. Five-year ROI measures 111.86% and total cumulative return in cash reaches $77,872. For financing, Ziffy Mortgage’s DSCR program evaluates $1,625/mo property income against a $1,028/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1968
N/A lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27606, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,087 (100%) |
| Owner Occupied HU | 7,122 (30.8%) |
| Renter Occupied HU | 14,521 (62.9%) |
| Vacant Housing Units | 1,444 ( 6.3%) |
| Median Home Value | $494,047 |
| Average Home Value | $578,737 |
Housing Distribution
Address Breakdown
Residential
21,847
Single Family
13,869
Multi-Family
7,978
Businesses
895
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Nearby investment properties with comparable prices
Listed by: Mandi Pitoscia • Relevate Real Estate Inc.
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10071406
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