7226 Corvette 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
Investment property for sale in Raleigh at 7226 Corvette Ct, Raleigh, NC, 27613 uses $115,196 cash to close to unlock $3,396/yr annual cash flow and $283/mo monthly cash flow. Total monthly income runs $2,401/mo, and a $1,701/mo payment keeps the spread at $283/mo. Purchase price stands at $347,500, and rental yield measures 8.29% with $2,401/mo rent. Return on cash invested shows 22.86% in year one, and 5% annual appreciation builds toward $96,008 over five years. Five-year ROI reaches 118.51% and total cumulative return in cash records $136,521. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,401/mo property income covering a $1,701/mo payment rather than investor’s personal income.
Townhouse
Built in 2002
1,742 sqft 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: Whitney Schnorr • LPT Realty, LLC
Mls Name: Doorify MLS
Mls ID: #10108839