4804 Spring Forest RdRaleighNC27616
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
Investment property for sale in Raleigh at 4804 Spring Forest Rd, Raleigh, NC, 27616 earns from $2,380/mo rent with a $6,852/mo payment. Total monthly income totals $2,380/mo. ROI tracks 4.09% on current figures, and rental yield reads 2.04% at a $1,399,999 purchase. Equity gained on principal adds $9,034/yr, and 5% annual appreciation supports $386,794 over five years. Five-year ROI reaches 17.81% and total cumulative return in cash sums $80,779. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,380/mo property income instead of your personal income.
Single Family
Built in 1963
3.93 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Danielle Verley • Long & Foster Real Estate INC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10101840
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.