409 Kinneries DrGibsonvilleNC27249
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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 Gibsonville at 409 Kinneries Dr, Gibsonville, NC, 27249 offers $2,339/mo rent that, after a $1,507/mo payment, leaves $462/mo cash flow. Total monthly income is $2,339/mo, and annual cash flow is $5,549/yr on $102,099 cash. Return on cash invested measures 25.34% in year one, and rental yield stands at 9.11% at a $307,990 entry. Equity gained on principal adds $1,987/yr while 5% annual appreciation compounds into $85,092 by year five. Five-year ROI records 131.88% and total cumulative return in cash reaches $134,652. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,339/mo property income versus a $1,507/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2025
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27249, Gibsonville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,169 (100%) |
| Owner Occupied HU | 4,659 (75.5%) |
| Renter Occupied HU | 1,163 (18.9%) |
| Vacant Housing Units | 347 ( 5.6%) |
| Median Home Value | $301,072 |
| Average Home Value | $313,310 |
Housing Distribution
Address Breakdown
Residential
5,931
Single Family
5,931
Multi-Family
0
Businesses
239
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Listed by: Elizabeth Ward • D. R. Horton, Inc.
Mls Name: Doorify MLS
Mls ID: #10137822