5505 Heather Garden WayRaleighNC27613
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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
Investment property for sale in Raleigh at 5505 Heather Garden Way, Raleigh, NC, 27613 listed at $352,100 pairs $2,364/mo rent with a $1,723/mo payment to leave $139/mo cash flow. Total monthly income runs $2,364/mo, and annual cash flow reaches $1,664/yr on $116,721 cash to close. Return on cash invested measures 21.33% in year one, and rental yield registers 8.06% at a $352,100 basis. Equity gained on principal adds $2,272/yr, and annual property appreciation at 5% supports $97,279 by year five. Five-year ROI tracks 110.66% and total cumulative return in cash totals $129,169. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,364/mo property income relative to a $1,723/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2001
1,306 sqft lot
$N/A/sqft
$71 monthly 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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Nearby investment properties with comparable prices
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