209 Kennedy AveHigh PointNC27262
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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 High Point at 209 Kennedy Ave, High Point, NC, 27262 listed at $129,900 pairs $1,493/mo rent with a $636/mo payment to leave $701/mo cash flow. Total monthly income runs $1,493/mo, and annual cash flow reaches $8,413/yr on $43,062 cash to close. Return on cash invested measures 39.45% in year one, and rental yield registers 13.79% at a $129,900 basis. Equity gained on principal adds $838/yr, and annual property appreciation at 5% supports $35,889 by year five. Five-year ROI tracks 207.57% and total cumulative return in cash totals $89,383. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,493/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1925
0.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27262, High Point, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,134 (100%) |
| Owner Occupied HU | 5,397 (53.3%) |
| Renter Occupied HU | 3,828 (37.8%) |
| Vacant Housing Units | 909 ( 9.0%) |
| Median Home Value | $276,199 |
| Average Home Value | $321,726 |
Housing Distribution
Address Breakdown
Residential
9,710
Single Family
8,071
Multi-Family
1,639
Businesses
1,481
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Listed by: Tracy Dowling • homecoin.com
Mls Name: Triad MLS
Mls ID: #1201247