613 S West StRaleighNC27601
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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 613 S West St, Raleigh, NC, 27601 at $1,285,000 posts ROI 4.36% with from $2,278/mo rent. Total monthly income equals $2,278/mo. Return on cash invested measures 4.36% and rental yield reads 2.13% at the current $1,285,000. Equity gained on principal adds $8,292/yr, and 5% annual appreciation supports $355,022 by year five. Five-year ROI prints 19.26% and total cumulative return in cash totals $80,170. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,278/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2022
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27601, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,880 (100%) |
| Owner Occupied HU | 1,451 (24.7%) |
| Renter Occupied HU | 3,732 (63.5%) |
| Vacant Housing Units | 697 (11.9%) |
| Median Home Value | $624,684 |
| Average Home Value | $657,493 |
Housing Distribution
Address Breakdown
Residential
5,214
Single Family
3,004
Multi-Family
2,210
Businesses
1,057
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Listed by: Laura Deans • Compass -- Raleigh
Mls Name: Doorify MLS
Mls ID: #10135711