409 Smith Ave #102, Chapel Hill, NC, 27516 | 6.51% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Chapel Hill at 409 Smith Ave #102, Chapel Hill, NC, 27516 earns from $1,900/mo rent with a $1,713/mo payment. Total monthly income totals $1,900/mo. ROI tracks 17.5% on current figures, and rental yield reads 6.51% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 89.78% and total cumulative return in cash sums $104,162. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,900/mo property income instead of your personal income.

Condo

Built in 1969

N/A lot

$N/A/sqft

No HOA