4943 Caddis BndRaleighNC27604
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 4943 Caddis Bnd, Raleigh, NC, 27604 priced at $322,732 converts $2,195/mo rent into $43/mo cash flow after a $1,580/mo obligation. Total monthly income equals $2,195/mo, and annual cash flow totals $513/yr on $106,986 invested. Return on cash invested prints 20.39% in year one, and rental yield reads 8.16% against a $322,732 entry. Equity gained on principal adds $2,083/yr, while 5% annual appreciation compiles into $89,165 by year five. Five-year ROI reaches 106.05% and total cumulative return in cash sums $113,457. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,195/mo property income covering a $1,580/mo payment, not borrower’s personal income.
Townhouse
Built in 2024
1,742 sqft lot
$N/A/sqft
$185 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27604, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,536 (100%) |
| Owner Occupied HU | 10,043 (46.6%) |
| Renter Occupied HU | 10,329 (48.0%) |
| Vacant Housing Units | 1,164 ( 5.4%) |
| Median Home Value | $340,004 |
| Average Home Value | $401,875 |
Housing Distribution
Address Breakdown
Residential
20,430
Single Family
16,920
Multi-Family
3,510
Businesses
1,579
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Korey Stickney • DRB Group North Carolina LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10048450
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