401 Prince DrHolly 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 401 Prince Dr, Holly Springs, NC, 27540 priced at $269,000 pairs $2,446/mo rent with $806/mo cash flow after a $1,317/mo payment. Total monthly income equals $2,446/mo, and annual cash flow comes to $9,674/yr on $89,174 invested. Return on cash invested is 30.76% in year one, and rental yield stands at 10.91% on a $269,000 basis. Equity gained on principal adds $1,736/yr, and 5% annual appreciation accumulates to $74,320 by year five. Five-year ROI measures 160.94% and total cumulative return in cash reaches $143,519. For financing, Ziffy Mortgage’s DSCR program evaluates $2,446/mo property income against a $1,317/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
8,276 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: Nicholas Huscroft • Chosen Real Estate Group
Mls Name: Doorify MLS
Mls ID: #10137836