1233 Cranebridge PlChapel HillNC27517
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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 1233 Cranebridge Pl, Chapel Hill, NC, 27517 offers a 7.37% rental yield on a $375,000 purchase with $2,303/mo rent. Total monthly income registers $2,303/mo, and a $1,835/mo payment leaves $18/mo available for distribution. Annual cash flow reaches $216/yr on $124,313 to close, and return on cash invested stands at 20.08% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 103.64% and total cumulative return in cash at $128,835. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,303/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1989
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27517, Chapel Hill, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,805 (100%) |
| Owner Occupied HU | 8,549 (57.7%) |
| Renter Occupied HU | 5,090 (34.4%) |
| Vacant Housing Units | 1,166 ( 7.9%) |
| Median Home Value | $644,053 |
| Average Home Value | $717,620 |
Housing Distribution
Address Breakdown
Residential
14,097
Single Family
10,847
Multi-Family
3,250
Businesses
600
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Listed by: Kelly C Boldt • VRC, Ltd.
Mls Name: Doorify MLS
Mls ID: #10127598