97 Perry Creek DrChapel 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
Rental property for sale in Chapel Hill at 97 Perry Creek Dr, Chapel Hill, NC, 27514 offers $3,667/mo rent that, after a $3,254/mo payment. Total monthly income is $3,667/mo. Return on cash invested measures 17.07% in year one, and rental yield stands at 6.62% at a $664,900 entry. Equity gained on principal adds $4,290/yr while 5% annual appreciation compounds into $183,700 by year five. Five-year ROI records 87.8% and total cumulative return in cash reaches $192,060. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,667/mo property income versus a $3,254/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
0.25 Acres lot
$N/A/sqft
$114 annually 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: Jay Kennihan • Chapel Hill Realty Group, Inc.
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10115554
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.