176 E Silverado CtKenlyNC27542
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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 Kenly at 176 E Silverado Ct, Kenly, NC, 27542 offers a 8.02% rental yield on a $425,000 purchase with $2,840/mo rent. Total monthly income registers $2,840/mo, and a $2,080/mo payment leaves $250/mo available for distribution. Annual cash flow reaches $3,000/yr on $140,888 to close, and return on cash invested stands at 22.04% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 114.12% and total cumulative return in cash at $160,781. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,840/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
1.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27542, Kenly, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,411 (100%) |
| Owner Occupied HU | 2,955 (67.0%) |
| Renter Occupied HU | 1,039 (23.6%) |
| Vacant Housing Units | 417 ( 9.5%) |
| Median Home Value | $229,144 |
| Average Home Value | $271,400 |
Housing Distribution
Address Breakdown
Residential
3,844
Single Family
3,844
Multi-Family
0
Businesses
188
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Listed by: Lisa Rivera • eXp Realty
Mls Name: Doorify MLS
Mls ID: #10140515