114 Kenwood DrHendersonvilleNC28739
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 Hendersonville at 114 Kenwood Dr, Hendersonville, NC, 28739 with 5% annual appreciation on a $744,895 basis while $5,026/mo rent supports operations. Total monthly income totals $5,026/mo and a $3,646/mo payment preserves $486/mo for cash returns. Annual cash flow comes to $5,833/yr on $245,070 deployed, and return on cash invested reaches 22.44% in year one. Equity gained on principal adds $4,807/yr, and five-year appreciation sums $205,801 alongside rental yield of 8.1%. Five-year ROI measures 116.27% and total cumulative return in cash totals $284,939.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,026/mo property income versus a $3,646/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1987
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28739, Hendersonville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,990 (100%) |
| Owner Occupied HU | 8,107 (67.6%) |
| Renter Occupied HU | 2,164 (18.0%) |
| Vacant Housing Units | 1,719 (14.3%) |
| Median Home Value | $453,982 |
| Average Home Value | $545,676 |
Housing Distribution
Address Breakdown
Residential
10,599
Single Family
10,182
Multi-Family
417
Businesses
282
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lee Linhart • RE/MAX Results
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4290750