404 Noonday 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 404 Noonday Ct, Holly Springs, NC, 27540 priced at $364,999 converts $2,120/mo rent into after a $1,786/mo obligation. Total monthly income equals $2,120/mo. Return on cash invested prints 18.88% in year one, and rental yield reads 6.97% against a $364,999 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation compiles into $100,842 by year five. Five-year ROI reaches 97.17% and total cumulative return in cash sums $117,571. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,120/mo property income covering a $1,786/mo payment, not borrower’s personal income.
Single Family
Built in 1997
0.25 Acres 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: Dwayne Leatherwood • ERA Live Moore
Mls Name: Doorify MLS
Mls ID: #10141302