449 Summerwalk CirChapel HillNC27517
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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 449 Summerwalk Cir, Chapel Hill, NC, 27517 priced at $330,000 pairs $1,877/mo rent with after a $1,615/mo payment. Total monthly income equals $1,877/mo. Return on cash invested is 18.44% in year one, and rental yield stands at 6.83% on a $330,000 basis. Equity gained on principal adds $2,129/yr, and 5% annual appreciation accumulates to $91,173 by year five. Five-year ROI measures 94.83% and total cumulative return in cash reaches $103,739. For financing, Ziffy Mortgage’s DSCR program evaluates $1,877/mo property income against a $1,615/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1989
N/A 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
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Listed by: Ann Koonce • EXP Realty LLC
Mls Name: Doorify MLS
Mls ID: #10139990