16 S Hillsborough StFranklintonNC27525
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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 Franklinton at 16 S Hillsborough St, Franklinton, NC, 27525 offers a 8.26% rental yield on a $220,000 purchase with $1,514/mo rent. Total monthly income registers $1,514/mo, and a $1,077/mo payment leaves $173/mo available for distribution. Annual cash flow reaches $2,076/yr on $72,930 to close, and return on cash invested stands at 22.76% in year one. Equity gained on principal adds $1,420/yr while 5% annual appreciation supports $60,782 over five years. Portfolio math shows five-year ROI at 117.97% and total cumulative return in cash at $86,039. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,514/mo property income against a $1,077/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27525, Franklinton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,436 (100%) |
| Owner Occupied HU | 6,513 (77.2%) |
| Renter Occupied HU | 1,460 (17.3%) |
| Vacant Housing Units | 463 ( 5.5%) |
| Median Home Value | $299,711 |
| Average Home Value | $319,419 |
Housing Distribution
Address Breakdown
Residential
7,989
Single Family
7,893
Multi-Family
96
Businesses
271
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Listed by: Subrina Burrell • Fathom Realty NC
Mls Name: Doorify MLS
Mls ID: #10124307