409 Wanderview LnHolly 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 409 Wanderview Ln, Holly Springs, NC, 27540 offers $3,428/mo rent that, after a $4,008/mo payment. Total monthly income is $3,428/mo. Return on cash invested measures 13.1% in year one, and rental yield stands at 5.02% at a $818,888 entry. Equity gained on principal adds $5,284/yr while 5% annual appreciation compounds into $226,244 by year five. Five-year ROI records 66.18% and total cumulative return in cash reaches $178,294. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,428/mo property income versus a $4,008/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2012
9,147 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: David Wilson • Carolina's Choice Real Estate
Mls Name: Doorify MLS
Mls ID: #10141330