648 Pasture Ridge RdRaleighNC27603
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 648 Pasture Ridge Rd, Raleigh, NC, 27603 at $304,990 posts ROI 24.19% with $361/mo cash flow from $2,220/mo rent. Total monthly income equals $2,220/mo, and annual cash flow records $4,332/yr on $101,104 to close. Return on cash invested measures 24.19% and rental yield reads 8.73% at the current $304,990. Equity gained on principal adds $1,968/yr, and 5% annual appreciation supports $84,263 by year five. Five-year ROI prints 125.75% and total cumulative return in cash totals $127,135.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,220/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2026
2,613 sqft 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: Linda Shaw • Esteem Properties
Mls Name: Doorify MLS
Mls ID: #10141952