1121 Sherwood Dr APT 4BurlingtonNC27215
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1121 Sherwood Dr APT 4, Burlington, NC, 27215 earns $222/mo cash flow from $1,136/mo rent with a $734/mo payment. Total monthly income totals $1,136/mo, and annual cash flow totals $2,664/yr on $49,725 capital. ROI tracks 25.27% on current figures, and rental yield reads 9.09% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 131.46% and total cumulative return in cash sums $65,370. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,136/mo property income instead of your personal income.
Condo
Built in 1985
566 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A