9642 State Highway 42Holly 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 9642 State Highway 42, Holly Springs, NC, 27540 offers a 10.7% rental yield on a $235,000 purchase with $2,096/mo rent. Total monthly income registers $2,096/mo, and a $1,150/mo payment leaves $664/mo available for distribution. Annual cash flow reaches $7,968/yr on $77,903 to close, and return on cash invested stands at 30.14% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,926 over five years. Portfolio math shows five-year ROI at 157.54% and total cumulative return in cash at $122,728. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,096/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
2.58 Acres 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: Maria Spine • Spine Properties, LLC
Mls Name: Doorify MLS
Mls ID: #10130247