623 Westfall WayChapel HillNC27517
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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 623 Westfall Way, Chapel Hill, NC, 27517 with 5% annual appreciation on a $1,525,000 basis while $6,448/mo rent supports operations. 17% in year one. Equity gained on principal adds $9,841/yr, and five-year appreciation sums $421,329 alongside rental yield of 5.07%. Five-year ROI measures 66.56% and total cumulative return in cash totals $328,872. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,448/mo property income versus a $7,464/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2018
0.71 Acres lot
$N/A/sqft
$120 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27517, Chapel Hill, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,805 (100%) |
| Owner Occupied HU | 8,549 (57.7%) |
| Renter Occupied HU | 5,090 (34.4%) |
| Vacant Housing Units | 1,166 ( 7.9%) |
| Median Home Value | $644,053 |
| Average Home Value | $717,620 |
Housing Distribution
Address Breakdown
Residential
14,097
Single Family
10,847
Multi-Family
3,250
Businesses
600
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Listed by: Francis Niwinski • EXP Realty LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10106711
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.