8505 Ray RdRaleighNC27613
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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 8505 Ray Rd, Raleigh, NC, 27613 uses $99,119 cash to close to unlock $2,594/yr annual cash flow and $216/mo monthly cash flow. Total monthly income runs $2,038/mo, and a $1,463/mo payment keeps the spread at $216/mo. Purchase price stands at $299,000, and rental yield measures 8.18% with $2,038/mo rent. Return on cash invested shows 22.53% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 116.79% and total cumulative return in cash records $115,762. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,038/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 1963
0.50 Acres 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: Gregory Clanton • Gregory Clanton Real Estate &
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10103484
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.