202 Elderberry DrChapel 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 202 Elderberry Dr, Chapel Hill, NC, 27517 listed at $559,900 pairs $2,114/mo rent with a $2,740/mo payment. Total monthly income runs $2,114/mo. Return on cash invested measures 11.61% in year one, and rental yield registers 4.53% at a $559,900 basis. Equity gained on principal adds $3,613/yr, and annual property appreciation at 5% supports $154,690 by year five. Five-year ROI tracks 58.18% and total cumulative return in cash totals $107,170. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,114/mo property income relative to a $2,740/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
9,583 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: Samara Presley • Smart Choice Realty Company
Mls Name: Doorify MLS
Mls ID: #10125670