5305 Balmy Dawn CtRaleighNC27613
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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 5305 Balmy Dawn Ct, Raleigh, NC, 27613 priced at $755,000 converts $3,427/mo rent into after a $3,695/mo obligation. Total monthly income equals $3,427/mo. Return on cash invested prints 14.31% in year one, and rental yield reads 5.45% against a $755,000 entry. Equity gained on principal adds $4,872/yr, while 5% annual appreciation compiles into $208,593 by year five. Five-year ROI reaches 72.71% and total cumulative return in cash sums $180,615. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,427/mo property income covering a $3,695/mo payment, not borrower’s personal income.
Single Family
Built in 1999
0.27 Acres lot
$N/A/sqft
$191 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27613, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,131 (100%) |
| Owner Occupied HU | 13,139 (65.3%) |
| Renter Occupied HU | 6,526 (32.4%) |
| Vacant Housing Units | 466 ( 2.3%) |
| Median Home Value | $578,619 |
| Average Home Value | $619,455 |
Housing Distribution
Address Breakdown
Residential
20,069
Single Family
14,392
Multi-Family
5,677
Businesses
501
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Listed by: Christine Rosin • NextHome The Ideal Group
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10096543
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.