Hickory Ridge III A Plan, Durham-Raleigh, NC: Build On Your LotHillsboroughNC27278
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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
Rental property for sale in Hillsborough at Hickory Ridge III A Plan, Durham-Raleigh, NC: Build On Your Lot, Hillsborough, NC, 27278 priced at $441,714 pairs $1,740/mo rent with after a $2,162/mo payment. Total monthly income equals $1,740/mo. Return on cash invested is 12.11% in year one, and rental yield stands at 4.73% on a $441,714 basis. Equity gained on principal adds $2,850/yr, and 5% annual appreciation accumulates to $122,037 by year five. Five-year ROI measures 60.87% and total cumulative return in cash reaches $89,132. For financing, Ziffy Mortgage’s DSCR program evaluates $1,740/mo property income against a $2,162/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A 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: N/A • America's Home Place
Mls Name: Americas Home Place
Mls Provider:
Mls ID: #N/A