1004 Sherwood DrBurlingtonNC27215
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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 Burlington at 1004 Sherwood Dr, Burlington, NC, 27215 earns $426/mo cash flow from $2,315/mo rent with a $1,517/mo payment. Total monthly income totals $2,315/mo, and annual cash flow totals $5,112/yr on $102,765 capital. ROI tracks 24.88% on current figures, and rental yield reads 8.96% at a $310,000 purchase. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,647 over five years. Five-year ROI reaches 129.39% and total cumulative return in cash sums $132,967. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,315/mo property income instead of your personal income.
Single Family
Built in 1956
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27215, Burlington, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,997 (100%) |
| Owner Occupied HU | 12,323 (53.6%) |
| Renter Occupied HU | 9,048 (39.3%) |
| Vacant Housing Units | 1,626 ( 7.1%) |
| Median Home Value | $317,753 |
| Average Home Value | $334,410 |
Housing Distribution
Address Breakdown
Residential
21,608
Single Family
18,629
Multi-Family
2,979
Businesses
2,076
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Listed by: Ken Smith • Allen Tate/Burlington
Mls Name: Doorify MLS
Mls ID: #10128693