213 Cross Oaks PlHolly 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
Investment property for sale in Holly Springs at 213 Cross Oaks Pl, Holly Springs, NC, 27540 offers a 5.93% rental yield on a $748,000 purchase with $3,694/mo rent. 84% in year one. Equity gained on principal adds $4,827/yr while 5% annual appreciation supports $206,659 over five years. Portfolio math shows five-year ROI at 80.89% and total cumulative return in cash at $199,070. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,694/mo property income against a $3,661/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
0.28 Acres 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: Taralyn Farrell • Coldwell Banker Advantage
Mls Name: Doorify MLS
Mls ID: #10126591