328 Palmdale CtHolly 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
Rental property for sale in Holly Springs at 328 Palmdale Ct, Holly Springs, NC, 27540 priced at $399,900 converts $2,482/mo rent into $45/mo cash flow after a $1,957/mo obligation. Total monthly income equals $2,482/mo, and annual cash flow totals $541/yr on $132,567 invested. Return on cash invested prints 20.32% in year one, and rental yield reads 7.45% against a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation compiles into $110,485 by year five. Five-year ROI reaches 104.94% and total cumulative return in cash sums $139,112. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,482/mo property income covering a $1,957/mo payment, not borrower’s personal income.
Single Family
Built in 2005
4,356 sqft 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: Phillip DeMuth • Keller Williams Realty
Mls Name: Doorify MLS
Mls ID: #10108663