2106 McConnell DrKernersvilleNC27284
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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 2106 McConnell Dr, Kernersville, NC, 27284 generates $1,776/mo in rent and, after a $773/mo payment, leaves $560/mo in cash flow. Total monthly income is $1,776/mo, and annual cash flow is $6,725/yr on $52,377 invested. Return on cash invested sits at 32.75% in year one, and rental yield is 13.49% on a $158,000 entry. Equity gained on principal adds $1,020/yr, while 5% annual appreciation builds toward $43,652 over five years. Five-year ROI reaches 173.71% and total cumulative return in cash sums $90,982. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,776/mo property income rather than buyer’s personal income.
Condo
Built in 2005
436 sqft lot
$N/A/sqft
$253 monthly 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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