875 Martin Luther King Jr Blvd #15, Chapel Hill, NC, 27516 | $217/mo Cash Flow

Off market

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 875 Martin Luther King Jr Blvd #15, Chapel Hill, NC, 27516 listed at $269,100 pairs $1,982/mo rent with a $1,317/mo payment to leave $217/mo cash flow. Total monthly income runs $1,982/mo, and annual cash flow reaches $2,602/yr on $89,207 cash to close. Return on cash invested measures 22.83% in year one, and rental yield registers 8.84% at a $269,100 basis. Equity gained on principal adds $1,736/yr, and annual property appreciation at 5% supports $74,347 by year five. Five-year ROI tracks 118.95% and total cumulative return in cash totals $106,111. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,982/mo property income relative to a $1,317/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1983

1,306 sqft lot

$N/A/sqft

$90 monthly HOA