808 Indian Springs RdChapel HillNC27514
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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 808 Indian Springs Rd, Chapel Hill, NC, 27514 with 5% annual appreciation on a $985,350 basis while $6,898/mo rent supports operations. Total monthly income totals $6,898/mo and a $4,823/mo payment preserves $520/mo for cash returns. Annual cash flow comes to $6,237/yr on $324,180 deployed, and return on cash invested reaches 21.98% in year one. Equity gained on principal adds $6,358/yr, and five-year appreciation sums $272,234 alongside rental yield of 8.4%. Five-year ROI measures 114.31% and total cumulative return in cash totals $370,560.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,898/mo property income versus a $4,823/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1977
0.74 Acres lot
$N/A/sqft
No 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
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Listed by: Julia Tucker • Long & Foster Real Estate INC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10100733
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.