500 Umstead Dr #304CChapel HillNC27516
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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 500 Umstead Dr #304C, Chapel Hill, NC, 27516 uses $56,024 cash to close to unlock $3,590/yr annual cash flow and $299/mo monthly cash flow. Total monthly income runs $1,329/mo, and a $827/mo payment keeps the spread at $299/mo. Purchase price stands at $169,000, and rental yield measures 9.44% with $1,329/mo rent. Return on cash invested shows 26.32% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 137.16% and total cumulative return in cash records $76,843. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,329/mo property income covering a $827/mo payment rather than investor’s personal income.
Condo
Built in 1972
893 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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