Investment Property at 2613 Lilymount Dr, Raleigh, NC 27610 - $10,296 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 $160 per day and long-term for an average of $1,642 per month, based on similar listings in the area. Estimated short-term cap rate of 4.1%. Estimated long-term cap rate of 0.7%. You won't want to miss this adorable bungalow right in the heart of Raleigh! This gem boasts 3 spacious bedrooms and 2 full baths—perfect for living your best life. Imagine cozying up by the warm fireplace on a chilly evening or rocking away your worries in your favorite chair on a sunny spring afternoon. The charming porch is perfect for bird watching or just kicking back and relaxing. Inside, you'll love the freshly painted walls and brand-new pewter laminate flooring throughout. The stylish new bathroom vanities, modern light fixtures, and low-maintenance landscaped yard add the perfect finishing touches! And the location? Wow! Just minutes away from Raleigh's hottest concert venues, shopping, and restaurants, you're right in the center of it all! Plus, quick access to major highways means your daily commute or weekend adventures are a total breeze. Looking for an investment opportunity? With a solid rental history, this is a no-brainer in Wake County. Homes like this fly off the market—so don't wait! Schedule your showing today and see for yourself why this is one of Raleigh's best deals! Inspections are already complete and included in the disclosures. What are you waiting for? Your dream home is calling!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$16
Rental Policy
daily
Yearly Taxes
$1867
Bedrooms
3
Bathrooms
2
SQFT
1,065
Furnished
N/A
Year built
2004
Listing Status
Active
MLS
10085294

Short-term Rental Potential
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$28,320

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$234

Price/SQFT

Long-term Rental Potential
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$19,704

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1,642/mo

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