485 Legend Oaks DrChapel 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
Investment property for sale in Chapel Hill at 485 Legend Oaks Dr, Chapel Hill, NC, 27517 with 5% annual appreciation on a $985,000 basis while $4,856/mo rent supports operations. 81% in year one. Equity gained on principal adds $6,356/yr, and five-year appreciation sums $272,137 alongside rental yield of 5.92%. Five-year ROI measures 80.71% and total cumulative return in cash totals $261,550. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,856/mo property income versus a $4,821/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2011
0.98 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
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Listed by: Michele Burris • Local Market Realty, LLC
Mls Name: Doorify MLS
Mls ID: #10130872