517 Cooper RdRaleighNC27610
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 517 Cooper Rd, Raleigh, NC, 27610 priced at $358,000 converts $2,106/mo rent into after a $1,752/mo obligation. Total monthly income equals $2,106/mo. Return on cash invested prints 19.14% in year one, and rental yield reads 7.06% against a $358,000 entry. Equity gained on principal adds $2,310/yr, while 5% annual appreciation compiles into $98,909 by year five. Five-year ROI reaches 98.64% and total cumulative return in cash sums $117,066. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,106/mo property income covering a $1,752/mo payment, not borrower’s personal income.
Single Family
Built in 1961
9,583 sqft 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: Michael Sanguily • BURLAGE REALTY LLC
Mls Name: Doorify MLS
Mls ID: #10133440