141 Burleson RdBakersvilleNC28705
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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 Bakersville at 141 Burleson Rd, Bakersville, NC, 28705 generates $951/mo in rent and, after a $587/mo payment, leaves $220/mo in cash flow. Total monthly income is $951/mo, and annual cash flow is $2,640/yr on $39,780 invested. Return on cash invested sits at 26.55% in year one, and rental yield is 9.51% on a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 138.27% and total cumulative return in cash sums $55,003. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $951/mo property income rather than buyer’s personal income.
Single Family
Built in 1924
1.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28705, Bakersville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,803 (100%) |
| Owner Occupied HU | 2,214 (58.2%) |
| Renter Occupied HU | 615 (16.2%) |
| Vacant Housing Units | 974 (25.6%) |
| Median Home Value | $265,165 |
| Average Home Value | $308,944 |
Housing Distribution
Address Breakdown
Residential
3,190
Single Family
3,190
Multi-Family
0
Businesses
197
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Listed by: Joshua Huskins • Foxfire Real Estate, LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4326418