6021 Neuse Wood DrRaleighNC27616
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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 6021 Neuse Wood Dr, Raleigh, NC, 27616 listed at $277,500 pairs $2,233/mo rent with a $1,358/mo payment to leave $542/mo cash flow. Total monthly income runs $2,233/mo, and annual cash flow reaches $6,504/yr on $91,991 cash to close. Return on cash invested measures 26.98% in year one, and rental yield registers 9.66% at a $277,500 basis. Equity gained on principal adds $1,791/yr, and annual property appreciation at 5% supports $76,668 by year five. Five-year ROI tracks 140.61% and total cumulative return in cash totals $129,352. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,233/mo property income relative to a $1,358/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2006
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27616, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,617 (100%) |
| Owner Occupied HU | 14,069 (54.9%) |
| Renter Occupied HU | 10,238 (40.0%) |
| Vacant Housing Units | 1,310 ( 5.1%) |
| Median Home Value | $379,663 |
| Average Home Value | $432,165 |
Housing Distribution
Address Breakdown
Residential
24,762
Single Family
18,978
Multi-Family
5,784
Businesses
1,240
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Listed by: Rupert Bryan • Keller Williams Realty
Mls Name: Doorify MLS
Mls ID: #10140032