4802 Glenmist CtRaleighNC27612
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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
Investment property for sale in Raleigh at 4802 Glenmist Ct, Raleigh, NC, 27612 with 5% annual appreciation on a $800,000 basis while $3,726/mo rent supports operations. 82% in year one. Equity gained on principal adds $5,162/yr, and five-year appreciation sums $221,025 alongside rental yield of 5.59%. Five-year ROI measures 75.37% and total cumulative return in cash totals $198,368. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,726/mo property income versus a $3,916/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2002
2,613 sqft lot
$N/A/sqft
No 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
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Listed by: Kim Schweibinz • SRD INC.
Mls Name: Doorify MLS
Mls ID: #10096624