168 Summerwalk CirChapel 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 168 Summerwalk Cir, Chapel Hill, NC, 27517 uses $82,875 cash to close to unlock $36/yr annual cash flow and $3/mo monthly cash flow. Total monthly income runs $1,527/mo, and a $1,224/mo payment keeps the spread at $3/mo. Purchase price stands at $250,000, and rental yield measures 7.33% with $1,527/mo rent. Return on cash invested shows 19.95% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 102.93% and total cumulative return in cash records $85,306. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,527/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Condo
Built in 1984
N/A 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: Renee Rogers • Keller Williams Legacy
Mls Name: Doorify MLS
Mls ID: #10139311