209 N Scotswood BlvdHillsboroughNC27278
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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 209 N Scotswood Blvd, Hillsborough, NC, 27278 generates $2,647/mo in rent, after a $2,161/mo payment. Total monthly income is $2,647/mo. Return on cash invested sits at 19.55% in year one, and rental yield is 7.19% on a $441,500 entry. Equity gained on principal adds $2,849/yr, while 5% annual appreciation builds toward $121,978 over five years. Five-year ROI reaches 100.82% and total cumulative return in cash sums $147,553. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,647/mo property income rather than buyer’s personal income.
Townhouse
Built in 2010
3,484 sqft 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: Victoria Knight McKee • Re/MaxDiamond Realty
Mls Name: Doorify MLS
Mls ID: #10130265