Shelby 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
Rental property for sale in Raleigh at Shelby Plan, Elm Park, Raleigh, NC, 27612 offers $3,599/mo rent that, after a $2,736/mo payment, leaves $52/mo cash flow. Total monthly income is $3,599/mo, and annual cash flow is $627/yr on $183,908 cash. Return on cash invested measures 20.4% in year one, and rental yield stands at 7.73% at a $558,990 entry. Equity gained on principal adds $3,607/yr while 5% annual appreciation compounds into $154,439 by year five. Five-year ROI records 105.67% and total cumulative return in cash reaches $194,328. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,599/mo property income versus a $2,736/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
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