292 Cedar Lake Rd #AChapel HillNC27516
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 292 Cedar Lake Rd #A, Chapel Hill, NC, 27516 earns from $1,516/mo rent with a $1,101/mo payment. Total monthly income totals $1,516/mo. ROI tracks 19.83% on current figures, and rental yield reads 8.09% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 103.16% and total cumulative return in cash sums $76,941. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,516/mo property income instead of your personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
$450 quarterly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sid Modi • Advantage Associates Realty
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10081741
Disclaimer: Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers personal, non-commercial use. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers personal, non-commercial use. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.