717 Benchmark DrRaleighNC27615
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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 717 Benchmark Dr, Raleigh, NC, 27615 offers a 7.79% rental yield on a $285,000 purchase with $1,850/mo rent. Total monthly income registers $1,850/mo, and a $1,395/mo payment leaves $113/mo available for distribution. Annual cash flow reaches $1,356/yr on $94,478 to close, and return on cash invested stands at 21.34% in year one. Equity gained on principal adds $1,839/yr while 5% annual appreciation supports $78,740 over five years. Portfolio math shows five-year ROI at 110.41% and total cumulative return in cash at $104,310. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,850/mo property income against a $1,395/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1982
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27615, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,752 (100%) |
| Owner Occupied HU | 13,070 (66.2%) |
| Renter Occupied HU | 6,101 (30.9%) |
| Vacant Housing Units | 581 ( 2.9%) |
| Median Home Value | $547,143 |
| Average Home Value | $621,510 |
Housing Distribution
Address Breakdown
Residential
19,835
Single Family
15,147
Multi-Family
4,688
Businesses
1,869
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Listed by: Christel Cole Slater • NorthGroup Real Estate, Inc.
Mls Name: Doorify MLS
Mls ID: #10141343