408 Flagg RdHolly 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 408 Flagg Rd, Holly Springs, NC, 27540 offers $2,422/mo rent that, after a $1,730/mo payment, leaves $268/mo cash flow. Total monthly income is $2,422/mo, and annual cash flow is $3,214/yr on $117,185 cash. Return on cash invested measures 22.65% in year one, and rental yield stands at 8.22% at a $353,500 entry. Equity gained on principal adds $2,281/yr while 5% annual appreciation compounds into $97,666 by year five. Five-year ROI records 117.42% and total cumulative return in cash reaches $137,601. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,422/mo property income versus a $1,730/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
0.27 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: Stacey Delgado • Redfin Corporation
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10101264
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.