117 Carolina Forest RdChapel HillNC27516
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 Chapel Hill at 117 Carolina Forest Rd, Chapel Hill, NC, 27516 priced at $1,250,000 converts $6,886/mo rent into after a $6,118/mo obligation. Total monthly income equals $6,886/mo. Return on cash invested prints 18.2% in year one, and rental yield reads 6.61% against a $1,250,000 entry. Equity gained on principal adds $8,066/yr, while 5% annual appreciation compiles into $345,352 by year five. Five-year ROI reaches 93.45% and total cumulative return in cash sums $378,481. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,886/mo property income covering a $6,118/mo payment, not borrower’s personal income.
Single Family
Built in 1975
5.36 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lia Williams • Berkshire Hathaway HomeService
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10096875
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.