690 Great Ridge PkwyChapel HillNC27516
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 690 Great Ridge Pkwy, Chapel Hill, NC, 27516 offers a 8.93% rental yield on a $532,500 purchase with $3,961/mo rent. Total monthly income registers $3,961/mo, and a $2,606/mo payment leaves $516/mo available for distribution. Annual cash flow reaches $6,192/yr on $175,193 to close, and return on cash invested stands at 23.59% in year one. Equity gained on principal adds $3,436/yr while 5% annual appreciation supports $147,120 over five years. Portfolio math shows five-year ROI at 122.94% and total cumulative return in cash at $215,375. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,961/mo property income against a $2,606/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
4,791 sqft lot
$N/A/sqft
$200 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Annette Holt • Compass -- Cary
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10104203
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.