500 Umstead Dr APT D-307,Chapel Hill,NC,27516

Investment Highlights

Rental property for sale in Chapel Hill at 500 Umstead Dr APT D-307, Chapel Hill, NC, 27516 generates $1,576/mo in rent and, after a $1,150/mo payment, leaves $144/mo in cash flow. Total monthly income is $1,576/mo, and annual cash flow is $1,728/yr on $77,903 invested. Return on cash invested sits at 22.13% in year one, and rental yield is 8.05% on a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 114.58% and total cumulative return in cash sums $89,260. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,576/mo property income rather than buyer’s personal income.