800 Savannah Ridge Rd UNIT 116Holly 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
Investment property for sale in Holly Springs at 800 Savannah Ridge Rd UNIT 116, Holly Springs, NC, 27540 listed at $270,000 pairs $1,666/mo rent with a $1,322/mo payment to leave $20/mo cash flow. Total monthly income runs $1,666/mo, and annual cash flow reaches $240/yr on $89,505 cash to close. Return on cash invested measures 20.18% in year one, and rental yield registers 7.4% at a $270,000 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,596 by year five. Five-year ROI tracks 104.15% and total cumulative return in cash totals $93,217. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,666/mo property income relative to a $1,322/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1999
N/A 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: Susana Yourcheck • Flex Realty
Mls Name: Doorify MLS
Mls ID: #10139907