301 Hillsborough Rd #A-BCarrboroNC27510
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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 Carrboro at 301 Hillsborough Rd #A-B, Carrboro, NC, 27510 offers $4,380/mo rent that, after a $3,279/mo payment, leaves $297/mo cash flow. Total monthly income is $4,380/mo, and annual cash flow is $3,564/yr on $220,430 cash. Return on cash invested measures 21.68% in year one, and rental yield stands at 7.84% at a $670,000 entry. Equity gained on principal adds $4,323/yr while 5% annual appreciation compounds into $185,109 by year five. Five-year ROI records 112.15% and total cumulative return in cash reaches $247,217. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,380/mo property income versus a $3,279/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 2003
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27510, Carrboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,562 (100%) |
| Owner Occupied HU | 1,960 (25.9%) |
| Renter Occupied HU | 5,229 (69.1%) |
| Vacant Housing Units | 373 ( 4.9%) |
| Median Home Value | $472,323 |
| Average Home Value | $507,006 |
Housing Distribution
Address Breakdown
Residential
7,542
Single Family
4,726
Multi-Family
2,816
Businesses
753
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Listed by: Nate Howard • Howard Group Real Estate LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10097014
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.