5223 Margon PlChapel HillNC27278
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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 5223 Margon Pl, Chapel Hill, NC, 27278 offers a 3.81% rental yield on a $1,240,000 purchase with $3,935/mo rent. 55% in year one. Equity gained on principal adds $8,002/yr while 5% annual appreciation supports $342,589 over five years. Portfolio math shows five-year ROI at 47.07% and total cumulative return in cash at $189,114. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,935/mo property income against a $6,069/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
10.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27278, Hillsborough, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,643 (100%) |
| Owner Occupied HU | 9,138 (72.3%) |
| Renter Occupied HU | 2,840 (22.5%) |
| Vacant Housing Units | 665 ( 5.3%) |
| Median Home Value | $475,921 |
| Average Home Value | $530,448 |
Housing Distribution
Address Breakdown
Residential
12,578
Single Family
11,703
Multi-Family
875
Businesses
960
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Listed by: Anna Savage Terry • Keller Williams Elite Realty
Mls Name: Doorify MLS
Mls ID: #10135319