114 Mill StMount HollyNC28120
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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
Investment property for sale in Mount Holly at 114 Mill St, Mount Holly, NC, 28120 offers a 4.57% rental yield on a $779,900 purchase with $2,970/mo rent. 72% in year one. Equity gained on principal adds $5,033/yr while 5% annual appreciation supports $215,472 over five years. Portfolio math shows five-year ROI at 58.8% and total cumulative return in cash at $150,861. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,970/mo property income against a $3,817/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
1.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28120, Mount Holly, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,511 (100%) |
| Owner Occupied HU | 8,249 (71.7%) |
| Renter Occupied HU | 2,623 (22.8%) |
| Vacant Housing Units | 639 ( 5.6%) |
| Median Home Value | $350,350 |
| Average Home Value | $385,667 |
Housing Distribution
Address Breakdown
Residential
10,633
Single Family
10,373
Multi-Family
260
Businesses
473
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Listed by: Carl Maree • Premier South
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4328419