Investment Property at 4909 Jelynn St, Raleigh, NC 27616 - $-1,956 Profit
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Description

Profitable Investment Opportunity: Active on the Market: Resideline estimates that this property can be rented on Airbnb for an average of $159 per day and long-term for an average of $2,368 per month, based on similar listings in the area. Estimated short-term cap rate of 0.4%. Estimated long-term cap rate of -0.5%. This beautiful 4-bedroom, 2.5-bath home offers a well-designed floor plan with both style and functionality. Inviting front porch invites you in. Spacious kitchen is equipped with granite countertops, stainless steel appliances, a pantry, bar-top seating, and abundant cabinetry. The cozy breakfast nook leads directly to a screened-in back deck. A formal dining room with a butler's pantry adds elegance, while the bright family room features a gas fireplace, creating a warm and welcoming atmosphere. Gleaming wood floors flow throughout most of the downstairs living areas. Primary suite is a true retreat, offering a tiled bath with a separate tub and shower, dual walk-in closets. For added convenience, there is ample storage space in the partially floored attic and tall crawl space. Outside, you'll find a spacious, fenced-in backyard that's ideal for both relaxation and entertaining.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$19
Rental Policy
daily
Yearly Taxes
$3650
Bedrooms
4
Bathrooms
3
SQFT
2,072
Furnished
N/A
Year built
2010
Listing Status
Active
MLS
10076291

Short-term Rental Potential
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$32,196

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$200

Price/SQFT

Long-term Rental Potential
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$28,416

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,368/mo

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