907 Saint Marys St #A4RaleighNC27605
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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 907 Saint Marys St #A4, Raleigh, NC, 27605 uses $74,588 cash to close to unlock $6,456/yr annual cash flow and $538/mo monthly cash flow. Total monthly income runs $1,909/mo, and a $1,101/mo payment keeps the spread at $538/mo. Purchase price stands at $225,000, and rental yield measures 10.18% with $1,909/mo rent. Return on cash invested shows 28.56% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 149.14% and total cumulative return in cash records $111,237. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,909/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Condo
Built in 1949
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27605, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,781 (100%) |
| Owner Occupied HU | 1,112 (29.4%) |
| Renter Occupied HU | 2,384 (63.1%) |
| Vacant Housing Units | 285 ( 7.5%) |
| Median Home Value | $698,153 |
| Average Home Value | $733,824 |
Housing Distribution
Address Breakdown
Residential
4,189
Single Family
1,739
Multi-Family
2,450
Businesses
704
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Listed by: May McMillan Bensen • Berkshire Hathaway HomeService
Mls Name: Doorify MLS
Mls ID: #10114989