8925 Lee Brown Ridge DrWake ForestNC27587
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 Wake Forest at 8925 Lee Brown Ridge Dr, Wake Forest, NC, 27587 priced at $455,000 pairs $2,451/mo rent with after a $2,227/mo payment. Total monthly income equals $2,451/mo. Return on cash invested is 15.89% in year one, and rental yield stands at 6.46% on a $455,000 basis. Equity gained on principal adds $2,936/yr, and 5% annual appreciation accumulates to $125,708 by year five. Five-year ROI measures 81.69% and total cumulative return in cash reaches $123,220. For financing, Ziffy Mortgage’s DSCR program evaluates $2,451/mo property income against a $2,227/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
5,662 sqft lot
$N/A/sqft
$155 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27587, Wake Forest, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,796 (100%) |
| Owner Occupied HU | 26,327 (73.5%) |
| Renter Occupied HU | 7,313 (20.4%) |
| Vacant Housing Units | 2,156 ( 6.0%) |
| Median Home Value | $536,728 |
| Average Home Value | $601,447 |
Housing Distribution
Address Breakdown
Residential
32,873
Single Family
30,365
Multi-Family
2,508
Businesses
1,451
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Connie Batten • Coldwell Banker HPW
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10096640
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.