361 Birchridge DrKernersvilleNC27284
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Nearby investment properties with comparable prices
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 361 Birchridge Dr, Kernersville, NC, 27284 priced at $514,900 pairs $2,568/mo rent with after a $2,520/mo payment. Total monthly income equals $2,568/mo. Return on cash invested is 16.02% in year one, and rental yield stands at 5.98% on a $514,900 basis. Equity gained on principal adds $3,323/yr, and 5% annual appreciation accumulates to $142,257 by year five. Five-year ROI measures 81.87% and total cumulative return in cash reaches $138,690. For financing, Ziffy Mortgage’s DSCR program evaluates $2,568/mo property income against a $2,520/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1987
0.60 Acres lot
$N/A/sqft
No 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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Listed by: N/A • N/A
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