1717 Purefoy Dr #B,Chapel Hill,NC,27516

Investment Highlights

Investment property for sale in Chapel Hill at 1717 Purefoy Dr #B, Chapel Hill, NC, 27516 offers a 9.24% rental yield on a $114,400 purchase with $881/mo rent. Total monthly income registers $881/mo, and a $560/mo payment leaves $184/mo available for distribution. Annual cash flow reaches $2,205/yr on $37,924 to close, and return on cash invested stands at 25.72% in year one. Equity gained on principal adds $738/yr while 5% annual appreciation supports $31,607 over five years. Portfolio math shows five-year ROI at 133.95% and total cumulative return in cash at $50,797. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $881/mo property income against a $560/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.