8429 Central DrRaleighNC27613
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Nearby investment properties with comparable prices
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 8429 Central Dr, Raleigh, NC, 27613 offers a 8.78% rental yield on a $294,500 purchase with $2,154/mo rent. Total monthly income registers $2,154/mo, and a $1,441/mo payment leaves $360/mo available for distribution. Annual cash flow reaches $4,315/yr on $97,627 to close, and return on cash invested stands at 24.33% in year one. Equity gained on principal adds $1,900/yr while 5% annual appreciation supports $81,365 over five years. Portfolio math shows five-year ROI at 126.42% and total cumulative return in cash at $123,421. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,154/mo property income against a $1,441/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2004
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27613, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,131 (100%) |
| Owner Occupied HU | 13,139 (65.3%) |
| Renter Occupied HU | 6,526 (32.4%) |
| Vacant Housing Units | 466 ( 2.3%) |
| Median Home Value | $578,619 |
| Average Home Value | $619,455 |
Housing Distribution
Address Breakdown
Residential
20,069
Single Family
14,392
Multi-Family
5,677
Businesses
501
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Listed by: Jane Worley • Hodge & Kittrell Sotheby's Int
Mls Name: Doorify MLS
Mls ID: #10119627