344 Botan WayHillsboroughNC27278
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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 344 Botan Way, Hillsborough, NC, 27278 generates $3,675/mo in rent, after a $3,906/mo payment. Total monthly income is $3,675/mo. Return on cash invested sits at 14.07% in year one, and rental yield is 5.53% on a $798,000 entry. Equity gained on principal adds $5,149/yr, while 5% annual appreciation builds toward $220,473 over five years. Five-year ROI reaches 71.56% and total cumulative return in cash sums $187,876. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,675/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
7,405 sqft lot
$N/A/sqft
$589 semi-annually 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: Eric John Stoft • Berkshire Hathaway HomeService
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10113499
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.