700 Glascock StRaleighNC27604
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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 700 Glascock St, Raleigh, NC, 27604 at $659,000 posts ROI 10.33% with from $2,257/mo rent. Total monthly income equals $2,257/mo. Return on cash invested measures 10.33% and rental yield reads 4.11% at the current $659,000. Equity gained on principal adds $4,252/yr, and 5% annual appreciation supports $182,070 by year five. Five-year ROI prints 51.31% and total cumulative return in cash totals $111,235. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,257/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1950
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27604, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,536 (100%) |
| Owner Occupied HU | 10,043 (46.6%) |
| Renter Occupied HU | 10,329 (48.0%) |
| Vacant Housing Units | 1,164 ( 5.4%) |
| Median Home Value | $340,004 |
| Average Home Value | $401,875 |
Housing Distribution
Address Breakdown
Residential
20,430
Single Family
16,920
Multi-Family
3,510
Businesses
1,579
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Listed by: Aimee Anderson • Aimee Anderson & Associates
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10103246
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.