400 Blackwell Dr #205Chapel HillNC27514
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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 400 Blackwell Dr #205, Chapel Hill, NC, 27514 earns $249/mo cash flow from $2,153/mo rent with a $1,529/mo payment. Total monthly income totals $2,153/mo, and annual cash flow totals $2,991/yr on $103,527 capital. ROI tracks 22.8% on current figures, and rental yield reads 8.27% at a $312,300 purchase. Equity gained on principal adds $2,015/yr, and 5% annual appreciation supports $86,283 over five years. Five-year ROI reaches 118.24% and total cumulative return in cash sums $122,410. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,153/mo property income instead of your personal income.
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27514, Chapel Hill, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,330 (100%) |
| Owner Occupied HU | 5,158 (41.8%) |
| Renter Occupied HU | 6,282 (50.9%) |
| Vacant Housing Units | 890 ( 7.2%) |
| Median Home Value | $668,099 |
| Average Home Value | $737,569 |
Housing Distribution
Address Breakdown
Residential
12,481
Single Family
9,162
Multi-Family
3,319
Businesses
1,016
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Listed by: Christina C Chenet • Urban Durham Realty
Mls Name: Doorify MLS
Mls ID: #10139570