2474 Moran St APT HBurlingtonNC27215
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 2474 Moran St APT H, Burlington, NC, 27215 uses $54,698 cash to close to unlock $6,384/yr annual cash flow and $532/mo monthly cash flow. Total monthly income runs $1,538/mo, and a $808/mo payment keeps the spread at $532/mo. Purchase price stands at $165,000, and rental yield measures 11.19% with $1,538/mo rent. Return on cash invested shows 31.58% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 165.31% and total cumulative return in cash records $90,419. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,538/mo property income covering a $808/mo payment rather than investor’s personal income.
Townhouse
Built in 1980
3,484 sqft 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: Kristy Smith • Allen Tate/Burlington
Mls Name: Doorify MLS
Mls ID: #10131259