507 Edinburgh DrBurlingtonNC27215
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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 507 Edinburgh Dr, Burlington, NC, 27215 with 5% annual appreciation on a $369,000 basis while $2,890/mo rent supports operations. Total monthly income totals $2,890/mo and a $1,806/mo payment preserves $641/mo for cash returns. Annual cash flow comes to $7,694/yr on $122,324 deployed, and return on cash invested reaches 26.2% in year one. Equity gained on principal adds $2,381/yr, and five-year appreciation sums $101,948 alongside rental yield of 9.4%. Five-year ROI measures 136.47% and total cumulative return in cash totals $166,935.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,890/mo property income versus a $1,806/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
0.38 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
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Listed by: Tim Edwards • Coldwell Banker HPW
Mls Name: Doorify MLS
Mls ID: #10120667