14 Kenlan RdLindenNC28356
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
Rental property for sale in Linden at 14 Kenlan Rd, Linden, NC, 28356 priced at $369,000 converts $2,774/mo rent into $525/mo cash flow after a $1,806/mo obligation. Total monthly income equals $2,774/mo, and annual cash flow totals $6,302/yr on $122,324 invested. Return on cash invested prints 25.06% in year one, and rental yield reads 9.02% against a $369,000 entry. Equity gained on principal adds $2,381/yr, while 5% annual appreciation compiles into $101,948 by year five. Five-year ROI reaches 130.38% and total cumulative return in cash sums $159,483. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,774/mo property income covering a $1,806/mo payment, not borrower’s personal income.
Single Family
Built in 2012
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28356, Linden, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,390 (100%) |
| Owner Occupied HU | 1,766 (73.9%) |
| Renter Occupied HU | 439 (18.4%) |
| Vacant Housing Units | 185 ( 7.7%) |
| Median Home Value | $302,226 |
| Average Home Value | $313,153 |
Housing Distribution
Address Breakdown
Residential
2,165
Single Family
2,165
Multi-Family
0
Businesses
48
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: THE SIGNATURE GROUP • KELLER WILLIAMS REALTY (FAYETTEVILLE)
Mls Name: LPRMLS
Mls ID: #747488