9104 Wooden RdRaleighNC27617
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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 9104 Wooden Rd, Raleigh, NC, 27617 offers a 7.95% rental yield on a $425,000 purchase with $2,816/mo rent. Total monthly income registers $2,816/mo, and a $2,080/mo payment leaves $226/mo available for distribution. Annual cash flow reaches $2,712/yr on $140,888 to close, and return on cash invested stands at 21.83% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 113.03% and total cumulative return in cash at $159,245. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,816/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2015
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27617, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,181 (100%) |
| Owner Occupied HU | 4,237 (37.9%) |
| Renter Occupied HU | 6,168 (55.2%) |
| Vacant Housing Units | 776 ( 6.9%) |
| Median Home Value | $553,776 |
| Average Home Value | $625,222 |
Housing Distribution
Address Breakdown
Residential
10,838
Single Family
4,133
Multi-Family
6,705
Businesses
977
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Listed by: May Huang • Choice Residential Real Estate
Mls Name: Doorify MLS
Mls ID: #10118379