101 Hanover Pl, Chapel Hill, NC, 27516 | 5.11% Rental Yield

For Sale

Listed for sale 4 days ago

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1369 sft

400 Blackwell Dr #300, Chapel Hill, NC, 27514

4 Bed
4 Bath
2366 sft

346 Clementine Dr, Cary, NC, 27519

3 Bed
4 Bath
2104 sft

8 Cedar Hill Dr, Durham, NC, 27713

3 Bed
3 Bath
1979 sft

10530 Sablewood Dr #109, Raleigh, NC, 27617

Nearby investment properties with comparable prices

3 Bed
3 Bath
2757 sft

Newport Plan, Hidden Creek, Cary, NC, 27519

5 Bed
5 Bath
4163 sft

4208 Sweet Ivy Lndg, Durham, NC, 27703

4 Bed
3 Bath
2390 sft

1013 New Chester Ct, Apex, NC, 27502

4 Bed
3 Bath
2561 sft

2424 Picual Way, New Hill, NC, 27562

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Chapel Hill at 101 Hanover Pl, Chapel Hill, NC, 27516 earns from $3,511/mo rent with a $4,038/mo payment. Total monthly income totals $3,511/mo. ROI tracks 13.35% on current figures, and rental yield reads 5.11% at a $825,000 purchase. Equity gained on principal adds $5,324/yr, and 5% annual appreciation supports $227,932 over five years. Five-year ROI reaches 67.52% and total cumulative return in cash sums $183,273. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,511/mo property income instead of your personal income.

Single Family

Built in 1987

0.48 Acres lot

$N/A/sqft

No HOA