821 Van Thomas 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 821 Van Thomas Dr, Raleigh, NC, 27615 with 5% annual appreciation on a $596,000 basis while $2,903/mo rent supports operations. 6% in year one. Equity gained on principal adds $3,846/yr, and five-year appreciation sums $164,664 alongside rental yield of 5.84%. Five-year ROI measures 79.57% and total cumulative return in cash totals $156,016. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,903/mo property income versus a $2,917/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1984
0.45 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: Megan Crean • Realty World Carolina Prop
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10104229
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.