Ellis Plan, Summit At Homestead, Chapel Hill, NC, 27516 | 6.59% 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 Ellis Plan, Summit At Homestead, Chapel Hill, NC, 27516 offers a 6.59% rental yield on a $464,990 purchase with $2,554/mo rent. 76% in year one. Equity gained on principal adds $3,001/yr while 5% annual appreciation supports $128,468 over five years. Portfolio math shows five-year ROI at 86.19% and total cumulative return in cash at $132,860. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,554/mo property income against a $2,276/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 2025

N/A lot

$N/A/sqft

$125 monthly HOA