504 Hillcrest AveBurlingtonNC27215
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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
Rental property for sale in Burlington at 504 Hillcrest Ave, Burlington, NC, 27215 generates $2,011/mo in rent and, after a $1,419/mo payment, leaves $244/mo in cash flow. Total monthly income is $2,011/mo, and annual cash flow is $2,928/yr on $96,135 invested. Return on cash invested sits at 22.95% in year one, and rental yield is 8.32% on a $290,000 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 119.04% and total cumulative return in cash sums $114,436. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,011/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
8,712 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
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Listed by: Alex Nickodem • Compass -- Chapel Hill - Durham
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10096307
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.