112 Ashemont CirHillsboroughNC27278
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Hillsborough at 112 Ashemont Cir, Hillsborough, NC, 27278 offers $3,349/mo rent that, after a $3,181/mo payment. Total monthly income is $3,349/mo. Return on cash invested measures 16.63% in year one, and rental yield stands at 6.18% at a $650,000 entry. Equity gained on principal adds $4,194/yr while 5% annual appreciation compounds into $179,583 by year five. Five-year ROI records 85.07% and total cumulative return in cash reaches $181,922. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,349/mo property income versus a $3,181/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
1.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27278, Hillsborough, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,643 (100%) |
| Owner Occupied HU | 9,138 (72.3%) |
| Renter Occupied HU | 2,840 (22.5%) |
| Vacant Housing Units | 665 ( 5.3%) |
| Median Home Value | $475,921 |
| Average Home Value | $530,448 |
Housing Distribution
Address Breakdown
Residential
12,578
Single Family
11,703
Multi-Family
875
Businesses
960
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Listed by: Jenny Barber • Allen Tate / Durham
Mls Name: Doorify MLS
Mls ID: #10132064