4002 Governors RdKelfordNC27847
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 4002 Governors Rd, Kelford, NC, 27847 in Kelford hard to pass up. The 17.58% gross yield on a $120,000 purchase results in $1,758/mo in rent and $1,027/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (3.26). Annual cash flow of $12,320, five-year appreciation of $33,154, and $1,105/yr in equity build-up combine for a projected total cumulative return of $111,489.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 17.6% | 6.2% |
| Monthly Cash Flow | $1,027 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,758 |
| Total Monthly Debt Service | $684 |
| DSCR Ratio | 2.57x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2000
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27847, Kelford, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 276 (100%) |
| Owner Occupied HU | 163 (59.1%) |
| Renter Occupied HU | 59 (21.4%) |
| Vacant Housing Units | 54 (19.6%) |
| Median Home Value | $82,273 |
| Average Home Value | $97,929 |
Housing Distribution
Address Breakdown
Residential
212
Single Family
212
Multi-Family
0
Businesses
15
Nearby investment properties with comparable rents
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
Manufactured
Built in 2000
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27847, Kelford, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 276 (100%) |
| Owner Occupied HU | 163 (59.1%) |
| Renter Occupied HU | 59 (21.4%) |
| Vacant Housing Units | 54 (19.6%) |
| Median Home Value | $82,273 |
| Average Home Value | $97,929 |
Housing Distribution
Address Breakdown
Residential
212
Single Family
212
Multi-Family
0
Businesses
15
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices