250 S Estes Dr APT 31,Chapel Hill,NC,27514

Investment Highlights

Investment property for sale in Chapel Hill at 250 S Estes Dr APT 31, Chapel Hill, NC, 27514 offers a 11.76% rental yield on a $224,000 purchase with $2,196/mo rent. Total monthly income registers $2,196/mo, and a $1,096/mo payment leaves $534/mo available for distribution. Annual cash flow reaches $6,411/yr on $74,256 to close, and return on cash invested stands at 28.54% in year one. Equity gained on principal adds $1,445/yr while 5% annual appreciation supports $61,887 over five years. Portfolio math shows five-year ROI at 150.8% and total cumulative return in cash at $111,979. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,196/mo property income against a $1,096/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.