7 Shepherd Ln #DChapel HillNC27514
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
Rental property for sale in Chapel Hill at 7 Shepherd Ln #D, Chapel Hill, NC, 27514 offers $1,570/mo rent that, after a $798/mo payment, leaves $363/mo cash flow. Total monthly income is $1,570/mo, and annual cash flow is $4,360/yr on $54,035 cash. Return on cash invested measures 27.98% in year one, and rental yield stands at 11.56% at a $163,000 entry. Equity gained on principal adds $1,052/yr while 5% annual appreciation compounds into $45,034 by year five. Five-year ROI records 147.79% and total cumulative return in cash reaches $79,855. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,570/mo property income versus a $798/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1967
1 Acres lot
$N/A/sqft
$198 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27514, Chapel Hill, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,330 (100%) |
| Owner Occupied HU | 5,158 (41.8%) |
| Renter Occupied HU | 6,282 (50.9%) |
| Vacant Housing Units | 890 ( 7.2%) |
| Median Home Value | $668,099 |
| Average Home Value | $737,569 |
Housing Distribution
Address Breakdown
Residential
12,481
Single Family
9,162
Multi-Family
3,319
Businesses
1,016
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A