117 Ashley Forest Rd #AChapel 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
Investment property for sale in Chapel Hill at 117 Ashley Forest Rd #A, Chapel Hill, NC, 27514 at $160,000 posts ROI 25.07% with $228/mo cash flow from $1,203/mo rent. Total monthly income equals $1,203/mo, and annual cash flow records $2,736/yr on $53,040 to close. Return on cash invested measures 25.07% and rental yield reads 9.02% at the current $160,000. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 by year five. Five-year ROI prints 130.36% and total cumulative return in cash totals $69,146.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,203/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1984
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: Kevin Davis • Calculus Commercial
Mls Name: Doorify MLS
Mls ID: #10118541