2203 Summit 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
Total monthly income runs $3,054/mo, and a $2,457/mo payment. Purchase price stands at $502,000, and rental yield measures 7.3% with $3,054/mo rent. Return on cash invested shows 19.69% in year one, and 5% annual appreciation builds toward $138,693 over five years. Five-year ROI reaches 101.66% and total cumulative return in cash records $167,904. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,054/mo property income covering a $2,457/mo payment rather than investor’s personal income.
Single Family
Built in 2004
0.26 Acres lot
$N/A/sqft
$25 monthly 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: N/A • N/A
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