236 Bannockburn RunBurlingtonNC27215
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 236 Bannockburn Run, Burlington, NC, 27215 with 5% annual appreciation on a $680,000 basis while $3,090/mo rent supports operations. 41% in year one. Equity gained on principal adds $4,388/yr, and five-year appreciation sums $187,871 alongside rental yield of 5.45%. Five-year ROI measures 73.17% and total cumulative return in cash totals $163,692. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,090/mo property income versus a $3,328/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2020
0.28 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lauren Gibson • eXp Realty
Mls Name: Triad MLS
Mls ID: #1191777