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

Investment Highlights

Investment property for sale in Chapel Hill at 500 Umstead Dr #103C, Chapel Hill, NC, 27516 listed at $179,000 pairs $1,740/mo rent with a $876/mo payment to leave $649/mo cash flow. Total monthly income runs $1,740/mo, and annual cash flow reaches $7,790/yr on $59,339 cash to close. Return on cash invested measures 33.04% in year one, and rental yield registers 11.66% at a $179,000 basis. Equity gained on principal adds $1,155/yr, and annual property appreciation at 5% supports $49,454 by year five. Five-year ROI tracks 173.19% and total cumulative return in cash totals $102,771. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,740/mo property income relative to a $876/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).