1903 Malone Rd APT EBurlingtonNC27215
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 1903 Malone Rd APT E, Burlington, NC, 27215 at $159,000 posts ROI 24.85% with $217/mo cash flow from $1,336/mo rent. Total monthly income equals $1,336/mo, and annual cash flow records $2,606/yr on $52,709 to close. Return on cash invested measures 24.85% and rental yield reads 10.08% at the current $159,000. Equity gained on principal adds $1,026/yr, and 5% annual appreciation supports $43,929 by year five. Five-year ROI prints 130.54% and total cumulative return in cash totals $68,808.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,336/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1984
N/A lot
$N/A/sqft
$150 monthly 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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Nearby investment properties with comparable prices
Listed by: Christy Marie Donaldson • Keller Williams Central
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10092080
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