8504 Delavan CirRaleighNC27613
Nearby investment properties with comparable rents
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
Total monthly income runs $3,027/mo, and a $3,463/mo payment. Purchase price stands at $707,500, and rental yield measures 5.13% with $3,027/mo rent. Return on cash invested shows 13.15% in year one, and 5% annual appreciation builds toward $195,469 over five years. Five-year ROI reaches 66.52% and total cumulative return in cash records $154,842. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,027/mo property income covering a $3,463/mo payment rather than investor’s personal income.
Single Family
Built in 2003
0.28 Acres lot
$N/A/sqft
$56 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Charlie Jaeckels • Redfin Corporation
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10096702
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.