630 North AveBurlingtonNC27217
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Nearby investment properties with comparable prices
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 630 North Ave, Burlington, NC, 27217 with 5% annual appreciation on a $189,900 basis while $1,394/mo rent supports operations. Total monthly income totals $1,394/mo and a $929/mo payment preserves $237/mo for cash returns. Annual cash flow comes to $2,845/yr on $62,952 deployed, and return on cash invested reaches 24.43% in year one. Equity gained on principal adds $1,225/yr, and five-year appreciation sums $52,466 alongside rental yield of 8.81%. Five-year ROI measures 127.04% and total cumulative return in cash totals $79,973.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,394/mo property income versus a $929/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1925
9,147 sqft 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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Nearby investment properties with comparable prices
Listed by: Justin Lane Wright • United Real Estate Triangle
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10076357
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