122 Blackcherry LnChapel 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 122 Blackcherry Ln, Chapel Hill, NC, 27514 listed at $690,000 pairs $3,473/mo rent with a $3,377/mo payment. Total monthly income runs $3,473/mo. Return on cash invested measures 16.05% in year one, and rental yield registers 6.04% at a $690,000 basis. Equity gained on principal adds $4,452/yr, and annual property appreciation at 5% supports $190,634 by year five. Five-year ROI tracks 82.05% and total cumulative return in cash totals $186,260. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,473/mo property income relative to a $3,377/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1983
0.58 Acres 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: Lisa Ellis • Real Estate By Design
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10099639
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.