Mitchell Plan, Summit At Homestead, Chapel Hill, NC, 27516 | 7.35% 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 Mitchell Plan, Summit At Homestead, Chapel Hill, NC, 27516 with 5% annual appreciation on a $416,990 basis while $2,554/mo rent supports operations. 93% in year one. Equity gained on principal adds $2,691/yr, and five-year appreciation sums $115,207 alongside rental yield of 7.35%. Five-year ROI measures 97.89% and total cumulative return in cash totals $135,310. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,554/mo property income versus a $2,041/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Townhouse

Built in 2025

N/A lot

$N/A/sqft

$125 monthly HOA