816 Miller RdHillsboroughNC27278
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
Investment Highlights
Investment property for sale in Hillsborough at 816 Miller Rd, Hillsborough, NC, 27278 earns from $3,038/mo rent with a $2,619/mo payment. Total monthly income totals $3,038/mo. ROI tracks 18.54% on current figures, and rental yield reads 6.81% at a $535,000 purchase. Equity gained on principal adds $3,452/yr, and 5% annual appreciation supports $147,811 over five years. Five-year ROI reaches 95.33% and total cumulative return in cash sums $167,788. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,038/mo property income instead of your personal income.
Single Family
Built in 1960
1.45 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Meighan Carmichael • Hillsborough Real Estate Group
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10099738
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.