723 Weathergreen 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 723 Weathergreen Dr, Raleigh, NC, 27615 with 5% annual appreciation on a $399,900 basis while $2,843/mo rent supports operations. Total monthly income totals $2,843/mo and a $1,957/mo payment preserves $406/mo for cash returns. Annual cash flow comes to $4,873/yr on $132,567 deployed, and return on cash invested reaches 23.59% in year one. Equity gained on principal adds $2,580/yr, and five-year appreciation sums $110,485 alongside rental yield of 8.53%. Five-year ROI measures 122.45% and total cumulative return in cash totals $162,332.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,843/mo property income versus a $1,957/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1982
2,613 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: Ann Matteson • Berkshire Hathaway HomeService
Mls Name: Doorify MLS
Mls ID: #10130436