4908 Madone DrRaleighNC27606
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingFor first-time U.S. investors or those diversifying conservatively, 4908 Madone Dr, Raleigh, NC, 27606 in Raleigh offers a clean, manageable entry. Rental yield 6.35%. DSCR 1.19 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $155,685 in additional property value over five years, with $5,190/yr in principal equity building ownership stake. Total projected cumulative return: $176,207.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.4% | 5.8% |
| Monthly Cash Flow | $(624) | $1,850 |
City averages based on Raleigh market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,015 |
| Total Monthly Debt Service | $3,381 |
| DSCR Ratio | 0.89x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2021
3,049 sqft lot
$N/A/sqft
$154 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
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
Townhouse
Built in 2021
3,049 sqft lot
$N/A/sqft
$154 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michelle Martin • Allen Tate/Raleigh-Glenwood
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10095855
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.