Investment Property at 8415 Reedy Ridge Ln, Raleigh, NC 27613 - $16,884 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 $226 per day and long-term for an average of $2,638 per month, based on similar listings in the area. Estimated short-term cap rate of 4.1%. Estimated long-term cap rate of 0.1%. Charming Townhome in Prime Location - Move-In Ready! Discover the perfect blend of comfort, convenience, and modern upgrades in this stunning 3-bedroom, 3.5-bathroom townhome with a walkout finished basement. Nestled in a desirable community, this home offers granite countertops, new luxury vinyl plank (LVP) flooring, plush new carpet, fresh paint, and upgraded stainless steel LG appliances and Samsung Washer/Dryer for a contemporary feel. The spacious primary suite boasts a vaulted ceiling and a walk-in closet, while each bedroom enjoys its own private full bath—ideal for privacy and convenience. The open-concept living area features a cozy fireplace, new energy-efficient LED lighting with variable settings, and a separate dining room for effortless entertaining. Step outside onto the natural wood-stained deck overlooking lush greenspace for a serene retreat. Additional highlights include: ✅ Community amenities: Pool & clubhouse ✅ Prime location: Minutes from Brier Creek, RTP, Umstead Park, RDU Airport, and major highways (RT 70 & I-540) ✅ Large unfinished storage area for extra space ✅ Enhanced safety features: Hardwired, interconnected Siterwell smoke & carbon monoxide detectors with dual-language voice alerts ✅ New roof: 2023 This home offers the perfect mix of modern updates and a highly sought-after location—don't miss out on this incredible opportunity! 📅 Schedule your showing today!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$165
Rental Policy
daily
Yearly Taxes
$2862
Bedrooms
3
Bathrooms
4
SQFT
1,896
Furnished
N/A
Year built
2002
Listing Status
Active
MLS
10083091

Short-term Rental Potential
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$48,108

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$217

Price/SQFT

Long-term Rental Potential
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$31,656

Revenue
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Profit
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Cap rate
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Cash on Cash
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$2,638/mo

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