Lexington Plan, Elm ParkRaleighNC27612
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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 Lexington Plan, Elm Park, Raleigh, NC, 27612 with 5% annual appreciation on a $538,990 basis while $3,504/mo rent supports operations. Total monthly income totals $3,504/mo and a $2,638/mo payment preserves $79/mo for cash returns. Annual cash flow comes to $951/yr on $177,328 deployed, and return on cash invested reaches 20.6% in year one. Equity gained on principal adds $3,478/yr, and five-year appreciation sums $148,913 alongside rental yield of 7.8%. Five-year ROI measures 106.74% and total cumulative return in cash totals $189,273.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,504/mo property income versus a $2,638/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
$140 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27612, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,064 (100%) |
| Owner Occupied HU | 9,872 (44.7%) |
| Renter Occupied HU | 10,725 (48.6%) |
| Vacant Housing Units | 1,467 ( 6.6%) |
| Median Home Value | $629,577 |
| Average Home Value | $689,960 |
Housing Distribution
Address Breakdown
Residential
21,208
Single Family
11,826
Multi-Family
9,382
Businesses
1,398
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Listed by: N/A • Tri Pointe Homes
Mls Name: TRI Pointe Homes
Mls Provider:
Mls ID: #N/A