8632 Swarthmore DrRaleighNC27615
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
Rental property for sale in Raleigh at 8632 Swarthmore Dr, Raleigh, NC, 27615 generates $2,399/mo in rent and, after a $1,899/mo payment, leaves $34/mo in cash flow. Total monthly income is $2,399/mo, and annual cash flow is $413/yr on $128,622 invested. Return on cash invested sits at 20.23% in year one, and rental yield is 7.42% on a $388,000 entry. Equity gained on principal adds $2,504/yr, while 5% annual appreciation builds toward $107,197 over five years. Five-year ROI reaches 104.46% and total cumulative return in cash sums $134,356. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,399/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
7,405 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Corrin • Flex Realty
Mls Name: Doorify MLS
Mls ID: #10128979