309 Mitchell Ln, Chapel Hill, NC, 27516 | $810/mo Cash Flow

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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

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Investment Highlights

Rental property for sale in Chapel Hill at 309 Mitchell Ln, Chapel Hill, NC, 27516 priced at $498,200 pairs $3,846/mo rent with $810/mo cash flow after a $2,438/mo payment. Total monthly income equals $3,846/mo, and annual cash flow comes to $9,722/yr on $165,153 invested. Return on cash invested is 25.8% in year one, and rental yield stands at 9.26% on a $498,200 basis. Equity gained on principal adds $3,215/yr, and 5% annual appreciation accumulates to $137,643 by year five. Five-year ROI measures 134.3% and total cumulative return in cash reaches $221,803. For financing, Ziffy Mortgage’s DSCR program evaluates $3,846/mo property income against a $2,438/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1947

9,147 sqft lot

$N/A/sqft

No HOA