8641 Neuse Club Ln APT 110RaleighNC27616
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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 8641 Neuse Club Ln APT 110, Raleigh, NC, 27616 earns $572/mo cash flow from $2,090/mo rent with a $1,219/mo payment. Total monthly income totals $2,090/mo, and annual cash flow totals $6,866/yr on $82,544 capital. ROI tracks 28.23% on current figures, and rental yield reads 10.07% at a $249,000 purchase. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 over five years. Five-year ROI reaches 147.36% and total cumulative return in cash sums $121,640. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,090/mo property income instead of your personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27616, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,617 (100%) |
| Owner Occupied HU | 14,069 (54.9%) |
| Renter Occupied HU | 10,238 (40.0%) |
| Vacant Housing Units | 1,310 ( 5.1%) |
| Median Home Value | $379,663 |
| Average Home Value | $432,165 |
Housing Distribution
Address Breakdown
Residential
24,762
Single Family
18,978
Multi-Family
5,784
Businesses
1,240
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Listed by: Jon Pugeda • Real Broker, LLC
Mls Name: Doorify MLS
Mls ID: #10116867