721 S Merritt Mill Rd, Chapel Hill, NC, 27516 | 2.16% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Chapel Hill at 721 S Merritt Mill Rd, Chapel Hill, NC, 27516 offers a 2.16% rental yield on a $1,500,000 purchase with $2,706/mo rent. 48% in year one. Equity gained on principal adds $9,679/yr while 5% annual appreciation supports $414,422 over five years. Portfolio math shows five-year ROI at 19.87% and total cumulative return in cash at $96,551. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,706/mo property income against a $7,342/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Multi Family

Built in 1942

0.44 Acres lot

$N/A/sqft

No HOA