804 Delaware AveBurlingtonNC27217
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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 804 Delaware Ave, Burlington, NC, 27217 uses $46,410 cash to close to unlock $3,060/yr annual cash flow and $255/mo monthly cash flow. Total monthly income runs $1,108/mo, and a $685/mo payment keeps the spread at $255/mo. Purchase price stands at $140,000, and rental yield measures 9.5% with $1,108/mo rent. Return on cash invested shows 26.5% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 138.04% and total cumulative return in cash records $64,066. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,108/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1925
2,178 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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Listed by: Sosha Davis • Blythe Real Estate Services
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10101344
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.