208 Apple Drupe WayHolly SpringsNC27540
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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 Holly Springs at 208 Apple Drupe Way, Holly Springs, NC, 27540 priced at $499,900 converts $2,593/mo rent into after a $2,447/mo obligation. Total monthly income equals $2,593/mo. Return on cash invested prints 16.62% in year one, and rental yield reads 6.22% against a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,113 by year five. Five-year ROI reaches 85.12% and total cumulative return in cash sums $141,060. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,593/mo property income covering a $2,447/mo payment, not borrower’s personal income.
Single Family
Built in 2006
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27540, Holly Springs, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,997 (100%) |
| Owner Occupied HU | 14,497 (76.3%) |
| Renter Occupied HU | 3,390 (17.8%) |
| Vacant Housing Units | 1,110 ( 5.8%) |
| Median Home Value | $581,989 |
| Average Home Value | $613,253 |
Housing Distribution
Address Breakdown
Residential
18,536
Single Family
17,672
Multi-Family
864
Businesses
955
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Listed by: Leigh Brantley • Coldwell Banker HPW
Mls Name: Doorify MLS
Mls ID: #10125518