9821 Castain DrRaleighNC27617
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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 9821 Castain Dr, Raleigh, NC, 27617 offers a 8.14% rental yield on a $313,900 purchase with $2,128/mo rent. Total monthly income registers $2,128/mo, and a $1,536/mo payment leaves $45/mo available for distribution. Annual cash flow reaches $535/yr on $104,058 to close, and return on cash invested stands at 20.42% in year one. Equity gained on principal adds $2,026/yr while 5% annual appreciation supports $86,725 over five years. Portfolio math shows five-year ROI at 106.19% and total cumulative return in cash at $110,504. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,128/mo property income against a $1,536/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2007
2,178 sqft lot
$N/A/sqft
$155 monthly 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: Bobby Taboada • Redfin Corporation
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10114675
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.