Investment Property at 5913 N Hills Dr, Raleigh, NC 27609 - $17,832 Profit
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5913 N Hills Dr, Raleigh, NC 27609

$417,000

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Image of property at 5913 N Hills Dr, Raleigh, NC 27609
Image of property at 5913 N Hills Dr, Raleigh, NC 27609
Image of property at 5913 N Hills Dr, Raleigh, NC 27609
Image of property at 5913 N Hills Dr, Raleigh, NC 27609
Image of property at 5913 N Hills Dr, Raleigh, NC 27609
Image of property at 5913 N Hills Dr, Raleigh, NC 27609
Image of property at 5913 N Hills Dr, Raleigh, NC 27609
Image of property at 5913 N Hills Dr, Raleigh, NC 27609
Image of property at 5913 N Hills Dr, Raleigh, NC 27609
Image of property at 5913 N Hills Dr, Raleigh, NC 27609
Image of property at 5913 N Hills Dr, Raleigh, NC 27609
Image of property at 5913 N Hills Dr, Raleigh, NC 27609
Image of property at 5913 N Hills Dr, Raleigh, NC 27609
Image of property at 5913 N Hills Dr, Raleigh, NC 27609
Image of property at 5913 N Hills Dr, Raleigh, NC 27609
Image of property at 5913 N Hills Dr, Raleigh, NC 27609
Image of property at 5913 N Hills Dr, Raleigh, NC 27609
Image of property at 5913 N Hills Dr, Raleigh, NC 27609
Image of property at 5913 N Hills Dr, Raleigh, NC 27609
Image of property at 5913 N Hills Dr, Raleigh, NC 27609
Image of property at 5913 N Hills Dr, Raleigh, NC 27609
Image of property at 5913 N Hills Dr, Raleigh, NC 27609
Image of property at 5913 N Hills Dr, Raleigh, NC 27609
Image of property at 5913 N Hills Dr, Raleigh, NC 27609
Image of property at 5913 N Hills Dr, Raleigh, NC 27609
Image of property at 5913 N Hills Dr, Raleigh, NC 27609
Image of property at 5913 N Hills Dr, Raleigh, NC 27609
Image of property at 5913 N Hills Dr, Raleigh, NC 27609
Image of property at 5913 N Hills Dr, Raleigh, NC 27609
Image of property at 5913 N Hills Dr, Raleigh, NC 27609
Image of property at 5913 N Hills Dr, Raleigh, NC 27609
Image of property at 5913 N Hills Dr, Raleigh, NC 27609
Image of property at 5913 N Hills Dr, Raleigh, NC 27609
Image of property at 5913 N Hills Dr, Raleigh, NC 27609
Image of property at 5913 N Hills Dr, Raleigh, NC 27609
Image of property at 5913 N Hills Dr, Raleigh, NC 27609
Image of property at 5913 N Hills Dr, Raleigh, NC 27609
Image of property at 5913 N Hills Dr, Raleigh, NC 27609
Image of property at 5913 N Hills Dr, Raleigh, NC 27609
Image of property at 5913 N Hills Dr, Raleigh, NC 27609
Image of property at 5913 N Hills Dr, Raleigh, NC 27609

Description

Profitable Investment Opportunity: Active on the Market: Resideline estimates that this property can be rented on Airbnb for an average of $219 per day and long-term for an average of $2,199 per month, based on similar listings in the area. Estimated short-term cap rate of 4.3%. Estimated long-term cap rate of -0.9%. Affordable living in a place you actually want to be! This 3BR ranch offers great natural light, an open flow, updates and a fenced back yard. Convenient to make a stroll around Shelly Lake or to take advantage of the remarkable shopping and dining of North Hills. Sit on the front porch and people watch or on the back deck and play with your pets or kids. Enjoy a warm fire on a chilly, possibly even snowy, night. It's a house to make memories in.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
 $0
Rental Policy
 daily
Yearly Taxes
 $3555
Bedrooms
 3
Bathrooms
 2
SQFT
 1,216
Furnished
 N/A
Year built
 1972
Listing Status
 Active
MLS
 10079373
Short-term Rental Potential
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$48,012

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$342

Price/SQFT
Long-term Rental Potential
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$26,388

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,199/mo

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