213 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
Rental property for sale in Chapel Hill at 213 Summerwalk Cir, Chapel Hill, NC, 27517 generates $1,770/mo in rent, after a $1,419/mo payment. Total monthly income is $1,770/mo. Return on cash invested sits at 16.64% in year one, and rental yield is 7.32% on a $290,000 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 86.36% and total cumulative return in cash sums $83,020. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,770/mo property income rather than buyer’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
$229 monthly 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: Josh McGinnis • Nest Realty of the Triangle
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10092963
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.