115 Macallan Dr #I3BPPBurlingtonNC27215
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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
Rental property for sale in Burlington at 115 Macallan Dr #I3BPP, Burlington, NC, 27215 priced at $547,200 converts $3,044/mo rent into after a $2,678/mo obligation. Total monthly income equals $3,044/mo. Return on cash invested prints 18.12% in year one, and rental yield reads 6.68% against a $547,200 entry. Equity gained on principal adds $3,531/yr, while 5% annual appreciation compiles into $151,181 by year five. Five-year ROI reaches 93.12% and total cumulative return in cash sums $167,647. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,044/mo property income covering a $2,678/mo payment, not borrower’s personal income.
Home Type Unknown
Built in N/A
N/A 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: N/A • N/A
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Mls ID: #N/A