6900 Glenroy CtRaleighNC27616
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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 6900 Glenroy Ct, Raleigh, NC, 27616 earns $148/mo cash flow from $2,336/mo rent with a $1,757/mo payment. Total monthly income totals $2,336/mo, and annual cash flow totals $1,778/yr on $119,009 capital. ROI tracks 21.4% on current figures, and rental yield reads 7.81% at a $359,000 purchase. Equity gained on principal adds $2,317/yr, and 5% annual appreciation supports $99,185 over five years. Five-year ROI reaches 110.76% and total cumulative return in cash sums $131,815. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,336/mo property income instead of your personal income.
Single Family
Built in 1996
7,840 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
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Listed by: Stephanie Jones • Next Move Realty LLC
Mls Name: Doorify MLS
Mls ID: #10141647