218 Hamlet DrBurnsvilleNC28714
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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 Burnsville at 218 Hamlet Dr, Burnsville, NC, 28714 priced at $788,900 pairs $3,755/mo rent with after a $3,861/mo payment. Total monthly income equals $3,755/mo. Return on cash invested is 15.02% in year one, and rental yield stands at 5.71% on a $788,900 basis. Equity gained on principal adds $5,091/yr, and 5% annual appreciation accumulates to $217,959 by year five. Five-year ROI measures 76.52% and total cumulative return in cash reaches $198,603. For financing, Ziffy Mortgage’s DSCR program evaluates $3,755/mo property income against a $3,861/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1997
2.19 Acres lot
$N/A/sqft
$38 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28714, Burnsville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,214 (100%) |
| Owner Occupied HU | 5,804 (56.8%) |
| Renter Occupied HU | 1,805 (17.7%) |
| Vacant Housing Units | 2,605 (25.5%) |
| Median Home Value | $289,107 |
| Average Home Value | $347,795 |
Housing Distribution
Address Breakdown
Residential
8,267
Single Family
7,880
Multi-Family
387
Businesses
523
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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