7834 Spungold StRaleighNC27617
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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 7834 Spungold St, Raleigh, NC, 27617 earns $531/mo cash flow from $2,548/mo rent with a $1,620/mo payment. Total monthly income totals $2,548/mo, and annual cash flow totals $6,371/yr on $109,693 capital. ROI tracks 25.72% on current figures, and rental yield reads 9.24% at a $330,900 purchase. Equity gained on principal adds $2,135/yr, and 5% annual appreciation supports $91,422 over five years. Five-year ROI reaches 133.85% and total cumulative return in cash sums $146,825. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,548/mo property income instead of your personal income.
Townhouse
Built in 2005
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27617, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,181 (100%) |
| Owner Occupied HU | 4,237 (37.9%) |
| Renter Occupied HU | 6,168 (55.2%) |
| Vacant Housing Units | 776 ( 6.9%) |
| Median Home Value | $553,776 |
| Average Home Value | $625,222 |
Housing Distribution
Address Breakdown
Residential
10,838
Single Family
4,133
Multi-Family
6,705
Businesses
977
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Listed by: Amy Wei • CHK Realty
Mls Name: Doorify MLS
Mls ID: #10141030