3487 Forestdale Dr APT 3CBurlingtonNC27215
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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 3487 Forestdale Dr APT 3C, Burlington, NC, 27215 earns $604/mo cash flow from $1,542/mo rent with a $753/mo payment. Total monthly income totals $1,542/mo, and annual cash flow totals $7,252/yr on $51,013 capital. ROI tracks 34.13% on current figures, and rental yield reads 12.02% at a $153,886 purchase. Equity gained on principal adds $993/yr, and 5% annual appreciation supports $42,516 over five years. Five-year ROI reaches 179.02% and total cumulative return in cash sums $91,322. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,542/mo property income instead of your personal income.
Condo
Built in 2004
N/A 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
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Listed by: N/A • N/A
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