674 Mills RdHollisterNC27844
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 674 Mills Rd, Hollister, NC, 27844 in Hollister. Priced at $296,500, it generates $3,308/mo in gross rent and $1,501/mo in net monthly cash flow, a 13.39% yield that comfortably supports the 2.48 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $18,017. Five-year appreciation: $81,917. Equity from principal paydown: $2,731/yr. Total projected cumulative return: $208,963.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 13.4% | 6.2% |
| Monthly Cash Flow | $1,501 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,308 |
| Total Monthly Debt Service | $1,689 |
| DSCR Ratio | 1.96x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1988
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27844, Hollister, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,340 (100%) |
| Owner Occupied HU | 823 (61.4%) |
| Renter Occupied HU | 283 (21.1%) |
| Vacant Housing Units | 234 (17.5%) |
| Median Home Value | $118,319 |
| Average Home Value | $168,126 |
Housing Distribution
Address Breakdown
Residential
1,022
Single Family
1,022
Multi-Family
0
Businesses
56
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1988
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27844, Hollister, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,340 (100%) |
| Owner Occupied HU | 823 (61.4%) |
| Renter Occupied HU | 283 (21.1%) |
| Vacant Housing Units | 234 (17.5%) |
| Median Home Value | $118,319 |
| Average Home Value | $168,126 |
Housing Distribution
Address Breakdown
Residential
1,022
Single Family
1,022
Multi-Family
0
Businesses
56
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices