2972 Cabin RdBurlingtonNC27215
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 2972 Cabin Rd, Burlington, NC, 27215 offers a 7.52% rental yield on a $330,000 purchase with $2,068/mo rent. Total monthly income registers $2,068/mo, and a $1,615/mo payment leaves $57/mo available for distribution. Annual cash flow reaches $684/yr on $109,395 to close, and return on cash invested stands at 20.53% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,173 over five years. Portfolio math shows five-year ROI at 106.05% and total cumulative return in cash at $116,015. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,068/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
0.66 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: Stephen Christopher Satterfield • Coldwell Banker Advantage
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10110642
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.