6620 Pathfinder WayRaleighNC27616
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 6620 Pathfinder Way, Raleigh, NC, 27616 offers a 8.13% rental yield on a $348,500 purchase with $2,362/mo rent. Total monthly income registers $2,362/mo, and a $1,706/mo payment leaves $238/mo available for distribution. Annual cash flow reaches $2,854/yr on $115,528 to close, and return on cash invested stands at 22.38% in year one. Equity gained on principal adds $2,249/yr while 5% annual appreciation supports $96,284 over five years. Portfolio math shows five-year ROI at 115.96% and total cumulative return in cash at $133,967. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,362/mo property income against a $1,706/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2022
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27616, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,617 (100%) |
| Owner Occupied HU | 14,069 (54.9%) |
| Renter Occupied HU | 10,238 (40.0%) |
| Vacant Housing Units | 1,310 ( 5.1%) |
| Median Home Value | $379,663 |
| Average Home Value | $432,165 |
Housing Distribution
Address Breakdown
Residential
24,762
Single Family
18,978
Multi-Family
5,784
Businesses
1,240
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeremy Brazoban • LPT Realty, LLC
Mls Name: Doorify MLS
Mls ID: #10107042