1062 Thicket DrBurlingtonNC27217
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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 1062 Thicket Dr, Burlington, NC, 27217 with 5% annual appreciation on a $337,990 basis while $2,364/mo rent supports operations. Total monthly income totals $2,364/mo and a $1,654/mo payment preserves $304/mo for cash returns. Annual cash flow comes to $3,653/yr on $112,044 deployed, and return on cash invested reaches 23.17% in year one. Equity gained on principal adds $2,181/yr, and five-year appreciation sums $93,380 alongside rental yield of 8.39%. Five-year ROI measures 120.22% and total cumulative return in cash totals $134,699.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,364/mo property income versus a $1,654/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27217, Burlington, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,370 (100%) |
| Owner Occupied HU | 10,279 (59.2%) |
| Renter Occupied HU | 5,636 (32.4%) |
| Vacant Housing Units | 1,455 ( 8.4%) |
| Median Home Value | $211,939 |
| Average Home Value | $251,983 |
Housing Distribution
Address Breakdown
Residential
16,510
Single Family
16,319
Multi-Family
191
Businesses
773
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Listed by: Angelica Bowles • Keystone Homes
Mls Name: Keystone Homes NC
Mls Provider:
Mls ID: #N/A