1860 Pheasant Trace CirKernersvilleNC27284
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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 Kernersville at 1860 Pheasant Trace Cir, Kernersville, NC, 27284 offers a 10.45% rental yield on a $254,999 purchase with $2,220/mo rent. Total monthly income registers $2,220/mo, and a $1,248/mo payment leaves $666/mo available for distribution. Annual cash flow reaches $7,992/yr on $84,532 to close, and return on cash invested stands at 29.36% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,452 over five years. Portfolio math shows five-year ROI at 153.41% and total cumulative return in cash at $129,679. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,220/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2025
0.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27284, Kernersville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,953 (100%) |
| Owner Occupied HU | 18,724 (67.0%) |
| Renter Occupied HU | 7,618 (27.3%) |
| Vacant Housing Units | 1,611 ( 5.8%) |
| Median Home Value | $314,694 |
| Average Home Value | $344,177 |
Housing Distribution
Address Breakdown
Residential
25,788
Single Family
22,210
Multi-Family
3,578
Businesses
1,490
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Listed by: Jordan Myrick • Lennar Corp Sales
Mls Name: Triad MLS
Mls ID: #1203743