38 Owen Towne 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
Investment property for sale in Chapel Hill at 38 Owen Towne Rd, Chapel Hill, NC, 27516 at $399,900 posts ROI 20.97% with $117/mo cash flow from $2,554/mo rent. Total monthly income equals $2,554/mo, and annual cash flow records $1,405/yr on $132,567 to close. Return on cash invested measures 20.97% and rental yield reads 7.66% at the current $399,900. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 by year five. Five-year ROI prints 108.43% and total cumulative return in cash totals $143,744.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,554/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2013
2,178 sqft lot
$N/A/sqft
No HOA
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Listed by: Jennifer Routh • Nest Realty of the Triangle
Mls Name: Doorify MLS
Mls ID: #10134354