113 Conner Dr UNIT 101Chapel HillNC27514
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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
Total monthly income runs $1,915/mo, and a $1,884/mo payment. Purchase price stands at $385,000, and rental yield measures 5.97% with $1,915/mo rent. Return on cash invested shows 15.86% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 80.97% and total cumulative return in cash records $103,342. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,915/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Condo
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27514, Chapel Hill, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,330 (100%) |
| Owner Occupied HU | 5,158 (41.8%) |
| Renter Occupied HU | 6,282 (50.9%) |
| Vacant Housing Units | 890 ( 7.2%) |
| Median Home Value | $668,099 |
| Average Home Value | $737,569 |
Housing Distribution
Address Breakdown
Residential
12,481
Single Family
9,162
Multi-Family
3,319
Businesses
1,016
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Listed by: Danielle Nicole Born • Coldwell Banker HPW
Mls Name: Doorify MLS
Mls ID: #10135327