6433 New Market WayRaleighNC27615
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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 6433 New Market Way, Raleigh, NC, 27615 uses $82,875 cash to close to unlock $3,228/yr annual cash flow and $269/mo monthly cash flow. Total monthly income runs $2,158/mo, and a $1,224/mo payment keeps the spread at $269/mo. Purchase price stands at $250,000, and rental yield measures 10.36% with $2,158/mo rent. Return on cash invested shows 23.8% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 125.52% and total cumulative return in cash records $104,026. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,158/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Condo
Built in 1969
N/A lot
$N/A/sqft
$365 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27615, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,752 (100%) |
| Owner Occupied HU | 13,070 (66.2%) |
| Renter Occupied HU | 6,101 (30.9%) |
| Vacant Housing Units | 581 ( 2.9%) |
| Median Home Value | $547,143 |
| Average Home Value | $621,510 |
Housing Distribution
Address Breakdown
Residential
19,835
Single Family
15,147
Multi-Family
4,688
Businesses
1,869
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Listed by: Jennifer Lange • Coldwell Banker HPW
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10112504
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.