2186 Piney Grove Church RdKenlyNC27542
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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 Kenly at 2186 Piney Grove Church Rd, Kenly, NC, 27542 generates $2,504/mo in rent and, after a $1,370/mo payment, leaves $798/mo in cash flow. Total monthly income is $2,504/mo, and annual cash flow is $9,576/yr on $92,820 invested. Return on cash invested sits at 30.23% in year one, and rental yield is 10.73% on a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 158.02% and total cumulative return in cash sums $146,673. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,504/mo property income rather than buyer’s personal income.
Manufactured
Built in 2015
1.18 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: Christa Samples • DASH Carolina
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10129493
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.