8004 Thrush Ridge LnRaleighNC27615
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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 8004 Thrush Ridge Ln, Raleigh, NC, 27615 listed at $505,000 pairs $2,174/mo rent with a $2,472/mo payment. Total monthly income runs $2,174/mo. Return on cash invested measures 12.05% in year one, and rental yield registers 5.17% at a $505,000 basis. Equity gained on principal adds $3,259/yr, and annual property appreciation at 5% supports $139,522 by year five. Five-year ROI tracks 61.07% and total cumulative return in cash totals $101,466. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,174/mo property income relative to a $2,472/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2007
2,178 sqft lot
$N/A/sqft
$205 monthly 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: Lisa Kaylor • Long & Foster Real Estate INC/Stonehenge
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10103799
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.