1313 Kelly RdGarnerNC27529
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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 Garner at 1313 Kelly Rd, Garner, NC, 27529 listed at $250,000 pairs $1,903/mo rent with a $1,224/mo payment to leave $379/mo cash flow. Total monthly income runs $1,903/mo, and annual cash flow reaches $4,548/yr on $82,875 cash to close. Return on cash invested measures 25.4% in year one, and rental yield registers 9.13% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 132.15% and total cumulative return in cash totals $109,522. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,903/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27529, Garner, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,489 (100%) |
| Owner Occupied HU | 17,091 (67.1%) |
| Renter Occupied HU | 7,180 (28.2%) |
| Vacant Housing Units | 1,218 ( 4.8%) |
| Median Home Value | $398,878 |
| Average Home Value | $447,896 |
Housing Distribution
Address Breakdown
Residential
24,113
Single Family
21,389
Multi-Family
2,724
Businesses
2,205
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Listed by: Jackie Moore • Moore's Realty, Inc.
Mls Name: Doorify MLS
Mls ID: #10114038