7516 Wingfoot 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
Total monthly income runs $5,291/mo, and a $8,321/mo payment. Purchase price stands at $1,700,000, and rental yield measures 3.73% with $5,291/mo rent. Return on cash invested shows 9.32% in year one, and 5% annual appreciation builds toward $469,679 over five years. Five-year ROI reaches 45.85% and total cumulative return in cash records $252,547. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,291/mo property income covering a $8,321/mo payment rather than investor’s personal income.
Single Family
Built in 1999
0.57 Acres 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: Carter Kennemur • Kennemur and Associates
Mls Name: Doorify MLS
Mls ID: #10114841