609 Clover CtBurlingtonNC27217
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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 609 Clover Ct, Burlington, NC, 27217 listed at $286,900 pairs $2,039/mo rent with a $1,404/mo payment to leave $291/mo cash flow. Total monthly income runs $2,039/mo, and annual cash flow reaches $3,489/yr on $95,107 cash to close. Return on cash invested measures 23.58% in year one, and rental yield registers 8.53% at a $286,900 basis. Equity gained on principal adds $1,851/yr, and annual property appreciation at 5% supports $79,265 by year five. Five-year ROI tracks 122.39% and total cumulative return in cash totals $116,403. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,039/mo property income relative to a $1,404/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27217, Burlington, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,370 (100%) |
| Owner Occupied HU | 10,279 (59.2%) |
| Renter Occupied HU | 5,636 (32.4%) |
| Vacant Housing Units | 1,455 ( 8.4%) |
| Median Home Value | $211,939 |
| Average Home Value | $251,983 |
Housing Distribution
Address Breakdown
Residential
16,510
Single Family
16,319
Multi-Family
191
Businesses
773
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Listed by: Kimberly Moore-Dudley • Compass Carolinas, LLC
Mls Name: Triad MLS
Mls ID: #1186981