618 N Boylan Ave SUITE 520RaleighNC27603
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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 618 N Boylan Ave SUITE 520, Raleigh, NC, 27603 earns from $2,316/mo rent with a $1,958/mo payment. Total monthly income totals $2,316/mo. ROI tracks 18.8% on current figures, and rental yield reads 6.95% at a $399,999 purchase. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,512 over five years. Five-year ROI reaches 96.79% and total cumulative return in cash sums $128,343. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,316/mo property income instead of your personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27603, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,862 (100%) |
| Owner Occupied HU | 14,518 (52.1%) |
| Renter Occupied HU | 11,290 (40.5%) |
| Vacant Housing Units | 2,054 ( 7.4%) |
| Median Home Value | $434,377 |
| Average Home Value | $484,278 |
Housing Distribution
Address Breakdown
Residential
24,605
Single Family
17,831
Multi-Family
6,774
Businesses
1,965
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Listed by: Katerina Dema • Chanticleer Properties LLC
Mls Name: Doorify MLS
Mls ID: #10130814