6617 Quiet Cove CtRaleighNC27612
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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 6617 Quiet Cove Ct, Raleigh, NC, 27612 uses $165,750 cash to close to unlock $2,892/yr annual cash flow and $241/mo monthly cash flow. Total monthly income runs $3,288/mo, and a $2,447/mo payment keeps the spread at $241/mo. Purchase price stands at $500,000, and rental yield measures 7.89% with $3,288/mo rent. Return on cash invested shows 21.65% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 112.06% and total cumulative return in cash records $185,732. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,288/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 1973
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27612, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,064 (100%) |
| Owner Occupied HU | 9,872 (44.7%) |
| Renter Occupied HU | 10,725 (48.6%) |
| Vacant Housing Units | 1,467 ( 6.6%) |
| Median Home Value | $629,577 |
| Average Home Value | $689,960 |
Housing Distribution
Address Breakdown
Residential
21,208
Single Family
11,826
Multi-Family
9,382
Businesses
1,398
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Listed by: Darcy Piscitelli • Five Over Four Realty
Mls Name: Doorify MLS
Mls ID: #10134839