1523 Oak Forest DrHillsboroughNC27278
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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 Hillsborough at 1523 Oak Forest Dr, Hillsborough, NC, 27278 earns $463/mo cash flow from $2,627/mo rent with a $1,738/mo payment. Total monthly income totals $2,627/mo, and annual cash flow totals $5,556/yr on $117,683 capital. ROI tracks 24.63% on current figures, and rental yield reads 8.88% at a $355,000 purchase. Equity gained on principal adds $2,291/yr, and 5% annual appreciation supports $98,080 over five years. Five-year ROI reaches 128.03% and total cumulative return in cash sums $150,672. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,627/mo property income instead of your personal income.
Single Family
Built in 1971
0.70 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: Kirk West • West & Woodall Real Estate - D
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10103862
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.