2307 Saint Marys RdHillsboroughNC27278
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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 2307 Saint Marys Rd, Hillsborough, NC, 27278 priced at $172,000 pairs $1,946/mo rent with $898/mo cash flow after a $842/mo payment. Total monthly income equals $1,946/mo, and annual cash flow comes to $10,771/yr on $57,018 invested. Return on cash invested is 38.8% in year one, and rental yield stands at 13.58% on a $172,000 basis. Equity gained on principal adds $1,110/yr, and 5% annual appreciation accumulates to $47,520 by year five. Five-year ROI measures 204.06% and total cumulative return in cash reaches $116,353. For financing, Ziffy Mortgage’s DSCR program evaluates $1,946/mo property income against a $842/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1996
2.12 Acres 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: Bobbie K Boghosian • RE/MAX One Hundred
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10094539
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.