403 Granville RdChapel 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
Rental property for sale in Chapel Hill at 403 Granville Rd, Chapel Hill, NC, 27514 priced at $1,798,000 converts $5,149/mo rent into after a $8,800/mo obligation. Total monthly income equals $5,149/mo. Return on cash invested prints 8.4% in year one, and rental yield reads 3.44% against a $1,798,000 entry. Equity gained on principal adds $11,602/yr, while 5% annual appreciation compiles into $496,754 by year five. Five-year ROI reaches 40.93% and total cumulative return in cash sums $238,423. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,149/mo property income covering a $8,800/mo payment, not borrower’s personal income.
Single Family
Built in 2011
0.44 Acres 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: Beth Louden • Leland Little Properties, LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10093830
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.