707 Lickskillet RdBurnsvilleNC28714
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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 Burnsville at 707 Lickskillet Rd, Burnsville, NC, 28714 at $425,000 posts ROI 11.66% with from $1,622/mo rent. Total monthly income equals $1,622/mo. Return on cash invested measures 11.66% and rental yield reads 4.58% at the current $425,000. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 by year five. Five-year ROI prints 58.49% and total cumulative return in cash totals $82,409. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,622/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1984
16.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28714, Burnsville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,214 (100%) |
| Owner Occupied HU | 5,804 (56.8%) |
| Renter Occupied HU | 1,805 (17.7%) |
| Vacant Housing Units | 2,605 (25.5%) |
| Median Home Value | $289,107 |
| Average Home Value | $347,795 |
Housing Distribution
Address Breakdown
Residential
8,267
Single Family
7,880
Multi-Family
387
Businesses
523
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Nearby investment properties with comparable prices
Listed by: Jessica Kitsos • WEICHERT, Realtors - Unlimited
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4325739