204 Caswell Kern RdKernersvilleNC27284
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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
Rental property for sale in Kernersville at 204 Caswell Kern Rd, Kernersville, NC, 27284 priced at $220,000 converts $1,470/mo rent into $129/mo cash flow after a $1,077/mo obligation. Total monthly income equals $1,470/mo, and annual cash flow totals $1,548/yr on $72,930 invested. Return on cash invested prints 22.03% in year one, and rental yield reads 8.02% against a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,782 by year five. Five-year ROI reaches 114.09% and total cumulative return in cash sums $83,207. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,470/mo property income covering a $1,077/mo payment, not borrower’s personal income.
Townhouse
Built in 2000
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: Kasia Reeder • Smart Move Group
Mls Name: Triad MLS
Mls ID: #1207965