802 Terrace View Dr, Chapel Hill, NC, 27516 | 6.37% 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

Rental property for sale in Chapel Hill at 802 Terrace View Dr, Chapel Hill, NC, 27516 priced at $420,000 pairs $2,228/mo rent with after a $2,056/mo payment. Total monthly income equals $2,228/mo. Return on cash invested is 17.05% in year one, and rental yield stands at 6.37% on a $420,000 basis. Equity gained on principal adds $2,710/yr, and 5% annual appreciation accumulates to $116,038 by year five. Five-year ROI measures 87.37% and total cumulative return in cash reaches $121,639. For financing, Ziffy Mortgage’s DSCR program evaluates $2,228/mo property income against a $2,056/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1975

0.52 Acres lot

$N/A/sqft

No HOA