500 Sherrybrook DrRaleighNC27610
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 500 Sherrybrook Dr, Raleigh, NC, 27610 priced at $625,000 pairs $3,054/mo rent with after a $3,059/mo payment. Total monthly income equals $3,054/mo. Return on cash invested is 15.65% in year one, and rental yield stands at 5.86% on a $625,000 basis. Equity gained on principal adds $4,033/yr, and 5% annual appreciation accumulates to $172,676 by year five. Five-year ROI measures 79.86% and total cumulative return in cash reaches $164,221. For financing, Ziffy Mortgage’s DSCR program evaluates $3,054/mo property income against a $3,059/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2000
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27610, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,468 (100%) |
| Owner Occupied HU | 17,254 (56.6%) |
| Renter Occupied HU | 11,637 (38.2%) |
| Vacant Housing Units | 1,577 ( 5.2%) |
| Median Home Value | $312,788 |
| Average Home Value | $354,970 |
Housing Distribution
Address Breakdown
Residential
29,432
Single Family
25,146
Multi-Family
4,286
Businesses
1,252
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeremy Cleveland • Keller Williams Elite Realty
Mls Name: Doorify MLS
Mls ID: #10143104