527 Forrest StHillsboroughNC27278
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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
Investment property for sale in Hillsborough at 527 Forrest St, Hillsborough, NC, 27278 earns from $1,920/mo rent with a $2,031/mo payment. Total monthly income totals $1,920/mo. ROI tracks 14.6% on current figures, and rental yield reads 5.55% at a $415,000 purchase. Equity gained on principal adds $2,678/yr, and 5% annual appreciation supports $114,657 over five years. Five-year ROI reaches 74.22% and total cumulative return in cash sums $102,105. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,920/mo property income instead of your personal income.
Multi Family
Built in 1952
0.46 Acres lot
$N/A/sqft
No 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: Ajita Parag Patel • AP Realty
Mls Name: Doorify MLS
Mls ID: #10104921