5946 Carmel LnRaleighNC27609
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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 5946 Carmel Ln, Raleigh, NC, 27609 uses $99,450 cash to close to unlock $1,164/yr annual cash flow and $97/mo monthly cash flow. Total monthly income runs $1,925/mo, and a $1,468/mo payment keeps the spread at $97/mo. Purchase price stands at $300,000, and rental yield measures 7.7% with $1,925/mo rent. Return on cash invested shows 21.08% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 108.97% and total cumulative return in cash records $108,372. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,925/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Townhouse
Built in 1982
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27609, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,512 (100%) |
| Owner Occupied HU | 8,252 (40.2%) |
| Renter Occupied HU | 10,501 (51.2%) |
| Vacant Housing Units | 1,759 ( 8.6%) |
| Median Home Value | $533,480 |
| Average Home Value | $626,808 |
Housing Distribution
Address Breakdown
Residential
19,413
Single Family
12,136
Multi-Family
7,277
Businesses
2,137
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Listed by: Darrena Yehia • EXP Realty LLC
Mls Name: Doorify MLS
Mls ID: #10136739