523 Wildwood LnBurlingtonNC27215
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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 523 Wildwood Ln, Burlington, NC, 27215 priced at $485,000 pairs $3,184/mo rent with $228/mo cash flow after a $2,374/mo payment. Total monthly income equals $3,184/mo, and annual cash flow comes to $2,736/yr on $160,778 invested. Return on cash invested is 21.61% in year one, and rental yield stands at 7.88% on a $485,000 basis. Equity gained on principal adds $3,130/yr, and 5% annual appreciation accumulates to $133,997 by year five. Five-year ROI measures 111.83% and total cumulative return in cash reaches $179,798. For financing, Ziffy Mortgage’s DSCR program evaluates $3,184/mo property income against a $2,374/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1953
0.55 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: Bryan Guarnieri • Coldwell Banker HPW
Mls Name: Doorify MLS
Mls ID: #10135166