421 Ridgefield RdChapel HillNC27517
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 421 Ridgefield Rd, Chapel Hill, NC, 27517 listed at $414,500 pairs $2,610/mo rent with a $2,029/mo payment. Total monthly income runs $2,610/mo. Return on cash invested measures 19.75% in year one, and rental yield registers 7.56% at a $414,500 basis. Equity gained on principal adds $2,675/yr, and annual property appreciation at 5% supports $114,519 by year five. Five-year ROI tracks 102.23% and total cumulative return in cash totals $140,468. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,610/mo property income relative to a $2,029/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1957
0.26 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ryan Euliss • Allen Tate / Durham
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10095697
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.