Landon Plan, Collins RidgeHillsboroughNC27278
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
Rental property for sale in Hillsborough at Landon Plan, Collins Ridge, Hillsborough, NC, 27278 priced at $430,990 converts $3,109/mo rent into $483/mo cash flow after a $2,109/mo obligation. Total monthly income equals $3,109/mo, and annual cash flow totals $5,794/yr on $142,873 invested. Return on cash invested prints 23.96% in year one, and rental yield reads 8.66% against a $430,990 entry. Equity gained on principal adds $2,781/yr, while 5% annual appreciation compiles into $119,075 by year five. Five-year ROI reaches 124.46% and total cumulative return in cash sums $177,817. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,109/mo property income covering a $2,109/mo payment, not borrower’s personal income.
Single Family
Built in 2026
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A