670 Meadowtop CirBurlingtonNC27217
Nearby investment properties with comparable rents
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 670 Meadowtop Cir, Burlington, NC, 27217 offers a 7.92% rental yield on a $245,000 purchase with $1,616/mo rent. Total monthly income registers $1,616/mo, and a $1,199/mo payment leaves $54/mo available for distribution. Annual cash flow reaches $648/yr on $81,218 to close, and return on cash invested stands at 20.71% in year one. Equity gained on principal adds $1,581/yr while 5% annual appreciation supports $67,689 over five years. Portfolio math shows five-year ROI at 107.36% and total cumulative return in cash at $87,192. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,616/mo property income against a $1,199/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
0.30 Acres lot
$N/A/sqft
$69 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Catrina Leigh Anne Roush • Keller Williams Central
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10105579
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.