307 Little RoadKenlyNC27542
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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 Kenly at 307 Little Road, Kenly, NC, 27542 with 5% annual appreciation on a $294,900 basis while $1,922/mo rent supports operations. Total monthly income totals $1,922/mo and a $1,443/mo payment preserves $125/mo for cash returns. Annual cash flow comes to $1,501/yr on $97,759 deployed, and return on cash invested reaches 21.44% in year one. Equity gained on principal adds $1,903/yr, and five-year appreciation sums $81,475 alongside rental yield of 7.82%. Five-year ROI measures 111% and total cumulative return in cash totals $108,511.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,922/mo property income versus a $1,443/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1997
3.62 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: Thomas Parker • The Thomas Parker Realty Group
Mls Name: Hive MLS
Mls ID: #100522895