2248 Roney Lineberry RdBurlingtonNC27217
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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
Investment property for sale in Burlington at 2248 Roney Lineberry Rd, Burlington, NC, 27217 earns $16/mo cash flow from $1,692/mo rent with a $1,346/mo payment. Total monthly income totals $1,692/mo, and annual cash flow totals $192/yr on $91,163 capital. ROI tracks 20.12% on current figures, and rental yield reads 7.38% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 103.84% and total cumulative return in cash sums $94,667. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,692/mo property income instead of your personal income.
Manufactured
Built in 1995
2.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27217, Burlington, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,370 (100%) |
| Owner Occupied HU | 10,279 (59.2%) |
| Renter Occupied HU | 5,636 (32.4%) |
| Vacant Housing Units | 1,455 ( 8.4%) |
| Median Home Value | $211,939 |
| Average Home Value | $251,983 |
Housing Distribution
Address Breakdown
Residential
16,510
Single Family
16,319
Multi-Family
191
Businesses
773
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Listed by: Jose Crespo • Howard Hanna Allen Tate - Burlington
Mls Name: Triad MLS
Mls ID: #1204481