534 Elm Ave, Wake Forest, NC, 27587 | $371/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Wake Forest at 534 Elm Ave, Wake Forest, NC, 27587 at $310,000 posts ROI 24.24% with $371/mo cash flow from $2,425/mo rent. Total monthly income equals $2,425/mo, and annual cash flow records $4,450/yr on $102,765 to close. Return on cash invested measures 24.24% and rental yield reads 9.39% at the current $310,000. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,647 by year five. Five-year ROI prints 126.65% and total cumulative return in cash totals $130,147.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,425/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Townhouse

Built in 2005

1,742 sqft lot

$N/A/sqft

$161 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 27587, Wake Forest, NC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	35,796 (100%)
Owner Occupied HU	26,327 (73.5%)
Renter Occupied HU	7,313 (20.4%)
Vacant Housing Units	2,156 ( 6.0%)
Median Home Value	$536,728
Average Home Value	$601,447