106 Guinevere CtKingNC27021
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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 King at 106 Guinevere Ct, King, NC, 27021 offers $1,920/mo rent that, after a $1,757/mo payment. Total monthly income is $1,920/mo. Return on cash invested measures 17.21% in year one, and rental yield stands at 6.42% at a $359,000 entry. Equity gained on principal adds $2,317/yr while 5% annual appreciation compounds into $99,185 by year five. Five-year ROI records 88.27% and total cumulative return in cash reaches $105,043. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,920/mo property income versus a $1,757/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27021, King, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,033 (100%) |
| Owner Occupied HU | 5,671 (70.6%) |
| Renter Occupied HU | 1,802 (22.4%) |
| Vacant Housing Units | 560 ( 7.0%) |
| Median Home Value | $214,443 |
| Average Home Value | $246,078 |
Housing Distribution
Address Breakdown
Residential
7,528
Single Family
7,325
Multi-Family
203
Businesses
480
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Listed by: Lisa H. Simmons • Ann Chilton Realty, Inc.
Mls Name: Triad MLS
Mls ID: #1189576