920 Apple LnHillsboroughNC27278
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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 920 Apple Ln, Hillsborough, NC, 27278 uses $164,093 cash to close to unlock $456/yr annual cash flow and $38/mo monthly cash flow. Total monthly income runs $3,055/mo, and a $2,423/mo payment keeps the spread at $38/mo. Purchase price stands at $495,000, and rental yield measures 7.41% with $3,055/mo rent. Return on cash invested shows 20.19% in year one, and 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 104.2% and total cumulative return in cash records $170,986. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,055/mo property income covering a $2,423/mo payment rather than investor’s personal income.
Single Family
Built in 1971
0.95 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: Carl Henry Amsden • DASH Carolina
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10124153
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.