317 Reade RdChapel HillNC27516
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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
Total monthly income runs $5,089/mo, and a $4,283/mo payment. Purchase price stands at $875,000, and rental yield measures 6.98% with $5,089/mo rent. Return on cash invested shows 19.03% in year one, and 5% annual appreciation builds toward $241,746 over five years. Five-year ROI reaches 97.99% and total cumulative return in cash records $282,083. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,089/mo property income covering a $4,283/mo payment rather than investor’s personal income.
Single Family
Built in 1964
0.61 Acres lot
$N/A/sqft
No HOA
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Listed by: Meighan Carmichael • Hillsborough Real Estate Group
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10108583
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.