500 Umstead Dr #103,Chapel Hill,NC,27516

Investment Highlights

Rental property for sale in Chapel Hill at 500 Umstead Dr #103, Chapel Hill, NC, 27516 generates $1,521/mo in rent and, after a $1,052/mo payment, leaves $211/mo in cash flow. Total monthly income is $1,521/mo, and annual cash flow is $2,532/yr on $71,273 invested. Return on cash invested sits at 23.46% in year one, and rental yield is 8.49% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 121.73% and total cumulative return in cash sums $86,761. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,521/mo property income rather than buyer’s personal income.