6648 Mafolie CtRaleighNC27613
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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
Rental property for sale in Raleigh at 6648 Mafolie Ct, Raleigh, NC, 27613 priced at $974,900 converts $2,800/mo rent into after a $4,772/mo obligation. Total monthly income equals $2,800/mo. Return on cash invested prints 8.31% in year one, and rental yield reads 3.45% against a $974,900 entry. Equity gained on principal adds $6,291/yr, while 5% annual appreciation compiles into $269,347 by year five. Five-year ROI reaches 40.46% and total cumulative return in cash sums $129,787. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,800/mo property income covering a $4,772/mo payment, not borrower’s personal income.
Single Family
Built in 2007
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27613, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,131 (100%) |
| Owner Occupied HU | 13,139 (65.3%) |
| Renter Occupied HU | 6,526 (32.4%) |
| Vacant Housing Units | 466 ( 2.3%) |
| Median Home Value | $578,619 |
| Average Home Value | $619,455 |
Housing Distribution
Address Breakdown
Residential
20,069
Single Family
14,392
Multi-Family
5,677
Businesses
501
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Listed by: J.T. Atwell • Long & Foster Real Estate INC/Raleigh
Mls Name: Doorify MLS
Mls ID: #10096039