825 Lockesley LnBurlingtonNC27217
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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
Rental property for sale in Burlington at 825 Lockesley Ln, Burlington, NC, 27217 offers $1,856/mo rent that, after a $1,395/mo payment, leaves $119/mo cash flow. Total monthly income is $1,856/mo, and annual cash flow is $1,428/yr on $94,478 cash. Return on cash invested measures 21.42% in year one, and rental yield stands at 7.81% at a $285,000 entry. Equity gained on principal adds $1,839/yr while 5% annual appreciation compounds into $78,740 by year five. Five-year ROI records 110.81% and total cumulative return in cash reaches $104,694. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,856/mo property income versus a $1,395/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
0.25 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: Kaila Phillips • eXp Realty
Mls Name: Triad MLS
Mls ID: #1204061