Investment Property at 5412 Farley Dr, Raleigh, NC 27609 - $3,372 Profit
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Description

Investment Opportunity: Active on the Market: Resideline estimates that this property can be rented on Airbnb for an average of $245 per day and long-term for an average of $4,096 per month, based on similar listings in the area. Estimated short-term cap rate of -0.2%. Estimated long-term cap rate of 0.5%. Corner lot stunner delivering space, function, and flexibility—plus an A+ location near North Hills. Two levels of living sitting on over a quarter acre, packed with updates and flooded with natural light. The main floor is airy and bright with 3 BRs, a spacious living room, separate dining, and a tastefully updated eat-in kitchen. Out back, a private fenced yard and deck are built for hosting—whether it's a cozy dinner or a full-on bash. The primary suite even has a bonus room attached with a convenient laundry closet and a flex space to use as a gym, office, play room or your zen zone. But the real game-changer is the lower-level suite that has its own dedicated driveway. Through the private entrance you'll find a large living space, bedroom, full bath, kitchenette, and dedicated laundry (yes this home has two laundry rooms!) - the perfect setup for an Airbnb moneymaker. Additional space on the lower level offers a sprawling living space, complete with a fireplace and custom built-in shelves. Ample space to shape just the way you want—an entertainment alcove, home gym, or dedicated office for remote work. The numbers don't lie: 4 bedrooms, 4 full baths, 2 kitchens, 2 laundry rooms, 2 driveways, and only ONE home like this. Don't miss it.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$4268
Bedrooms
4
Bathrooms
4
SQFT
2,829
Furnished
N/A
Year built
1969
Listing Status
Active
MLS
10078892

Short-term Rental Potential
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$44,616

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$229

Price/SQFT

Long-term Rental Potential
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$49,152

Revenue
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Profit
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Cap rate
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Cash on Cash
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$4,096/mo

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