5747 Corbon Crest LnRaleighNC27612
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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 5747 Corbon Crest Ln, Raleigh, NC, 27612 offers a 7.89% rental yield on a $299,000 purchase with $1,966/mo rent. Total monthly income registers $1,966/mo, and a $1,463/mo payment leaves $144/mo available for distribution. Annual cash flow reaches $1,730/yr on $99,119 to close, and return on cash invested stands at 21.65% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 112.12% and total cumulative return in cash at $111,130. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,966/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2000
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27612, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,064 (100%) |
| Owner Occupied HU | 9,872 (44.7%) |
| Renter Occupied HU | 10,725 (48.6%) |
| Vacant Housing Units | 1,467 ( 6.6%) |
| Median Home Value | $629,577 |
| Average Home Value | $689,960 |
Housing Distribution
Address Breakdown
Residential
21,208
Single Family
11,826
Multi-Family
9,382
Businesses
1,398
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Listed by: Donna Thompson • Long & Foster Real Estate INC/Wake Forest
Mls Name: Doorify MLS
Mls ID: #10142905