913 Skinner DrRaleighNC27610
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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 913 Skinner Dr, Raleigh, NC, 27610 listed at $275,000 pairs $1,888/mo rent with a $1,346/mo payment to leave $212/mo cash flow. Total monthly income runs $1,888/mo, and annual cash flow reaches $2,544/yr on $91,163 cash to close. Return on cash invested measures 22.7% in year one, and rental yield registers 8.24% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 117.67% and total cumulative return in cash totals $107,267. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,888/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2010
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27610, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,468 (100%) |
| Owner Occupied HU | 17,254 (56.6%) |
| Renter Occupied HU | 11,637 (38.2%) |
| Vacant Housing Units | 1,577 ( 5.2%) |
| Median Home Value | $312,788 |
| Average Home Value | $354,970 |
Housing Distribution
Address Breakdown
Residential
29,432
Single Family
25,146
Multi-Family
4,286
Businesses
1,252
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Listed by: K.C. McLaughlin • RE/MAX United
Mls Name: Doorify MLS
Mls ID: #10128964