365 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
Investment property for sale in Chapel Hill at 365 Summerwalk Cir, Chapel Hill, NC, 27517 uses $81,549 cash to close to unlock $2,386/yr annual cash flow and $199/mo monthly cash flow. Total monthly income runs $1,926/mo, and a $1,204/mo payment keeps the spread at $199/mo. Purchase price stands at $246,000, and rental yield measures 9.4% with $1,926/mo rent. Return on cash invested shows 22.83% in year one, and 5% annual appreciation builds toward $67,965 over five years. Five-year ROI reaches 119.61% and total cumulative return in cash records $97,538. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,926/mo property income covering a $1,204/mo payment rather than investor’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
$228 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: Nick Kolb • DASH Carolina
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10108531
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.