Hickory Ridge I A Plan, Durham-Raleigh, NC: Build On Your Lot,Hillsborough,NC,27278

Investment Highlights

Investment property for sale in Hillsborough at Hickory Ridge I A Plan, Durham-Raleigh, NC: Build On Your Lot, Hillsborough, NC, 27278 listed at $371,162 pairs $2,958/mo rent with a $1,817/mo payment to leave $696/mo cash flow. Total monthly income runs $2,958/mo, and annual cash flow reaches $8,347/yr on $123,040 cash to close. Return on cash invested measures 26.69% in year one, and rental yield registers 9.56% at a $371,162 basis. Equity gained on principal adds $2,395/yr, and annual property appreciation at 5% supports $102,545 by year five. Five-year ROI tracks 139.11% and total cumulative return in cash totals $171,166. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,958/mo property income relative to a $1,817/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).