114 Philips Sq, Chapel Hill, NC, 27516 | $190/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Chapel Hill at 114 Philips Sq, Chapel Hill, NC, 27516 priced at $469,990 pairs $3,054/mo rent with $190/mo cash flow after a $2,300/mo payment. Total monthly income equals $3,054/mo, and annual cash flow comes to $2,280/yr on $155,802 invested. Return on cash invested is 21.37% in year one, and rental yield stands at 7.8% on a $469,990 basis. Equity gained on principal adds $3,033/yr, and 5% annual appreciation accumulates to $129,850 by year five. Five-year ROI measures 110.6% and total cumulative return in cash reaches $172,314. For financing, Ziffy Mortgage’s DSCR program evaluates $3,054/mo property income against a $2,300/mo payment instead of your W2s, 1099s, or Tax returns.

Townhouse

Built in 2018

1,306 sqft lot

$N/A/sqft

No HOA