2802 Kinsey CtSummerfieldNC27358
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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 Summerfield at 2802 Kinsey Ct, Summerfield, NC, 27358 offers a 8.18% rental yield on a $375,000 purchase with $2,556/mo rent. Total monthly income registers $2,556/mo, and a $1,835/mo payment leaves $271/mo available for distribution. Annual cash flow reaches $3,252/yr on $124,313 to close, and return on cash invested stands at 22.52% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 116.73% and total cumulative return in cash at $145,107. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,556/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27358, Summerfield, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,058 (100%) |
| Owner Occupied HU | 5,164 (85.2%) |
| Renter Occupied HU | 612 (10.1%) |
| Vacant Housing Units | 282 ( 4.7%) |
| Median Home Value | $475,086 |
| Average Home Value | $526,725 |
Housing Distribution
Address Breakdown
Residential
5,848
Single Family
5,786
Multi-Family
62
Businesses
326
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Listed by: James Kirchner • Mark Spain Real Estate
Mls Name: Triad MLS
Mls ID: #1203979