Plan 1601 Plan, Richland ReserveRaleighNC27614
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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
Rental property for sale in Raleigh at Plan 1601 Plan, Richland Reserve, Raleigh, NC, 27614 priced at $342,990 pairs $2,138/mo rent with $47/mo cash flow after a $1,679/mo payment. Total monthly income equals $2,138/mo, and annual cash flow comes to $569/yr on $113,701 invested. Return on cash invested is 20.41% in year one, and rental yield stands at 7.48% on a $342,990 basis. Equity gained on principal adds $2,213/yr, and 5% annual appreciation accumulates to $94,762 by year five. Five-year ROI measures 105.41% and total cumulative return in cash reaches $119,853. For financing, Ziffy Mortgage’s DSCR program evaluates $2,138/mo property income against a $1,679/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27614, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,661 (100%) |
| Owner Occupied HU | 10,125 (69.1%) |
| Renter Occupied HU | 3,739 (25.5%) |
| Vacant Housing Units | 797 ( 5.4%) |
| Median Home Value | $616,769 |
| Average Home Value | $701,271 |
Housing Distribution
Address Breakdown
Residential
14,411
Single Family
11,166
Multi-Family
3,245
Businesses
450
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Listed by: N/A • KB Home
Mls Name: KB Home
Mls Provider:
Mls ID: #N/A