213 Schultz StChapel 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
Rental property for sale in Chapel Hill at 213 Schultz St, Chapel Hill, NC, 27514 priced at $255,000 pairs $1,967/mo rent with $413/mo cash flow after a $1,248/mo payment. Total monthly income equals $1,967/mo, and annual cash flow comes to $4,956/yr on $84,533 invested. Return on cash invested is 25.77% in year one, and rental yield stands at 9.26% on a $255,000 basis. Equity gained on principal adds $1,645/yr, and 5% annual appreciation accumulates to $70,452 by year five. Five-year ROI measures 134.14% and total cumulative return in cash reaches $113,396. For financing, Ziffy Mortgage’s DSCR program evaluates $1,967/mo property income against a $1,248/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1984
N/A 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: Nicole Hou • Coldwell Banker HPW
Mls Name: Doorify MLS
Mls ID: #10113045