411 E First StreetKenlyNC27542
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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 411 E First Street, Kenly, NC, 27542 listed at $272,000 pairs $2,384/mo rent with a $1,331/mo payment to leave $727/mo cash flow. Total monthly income runs $2,384/mo, and annual cash flow reaches $8,719/yr on $90,168 cash to close. Return on cash invested measures 29.58% in year one, and rental yield registers 10.52% at a $272,000 basis. Equity gained on principal adds $1,755/yr, and annual property appreciation at 5% supports $75,149 by year five. Five-year ROI tracks 154.58% and total cumulative return in cash totals $139,385. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,384/mo property income relative to a $1,331/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
0.26 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: Laura T Vevurka • FAB Real Estate Services
Mls Name: Hive MLS
Mls ID: #100538647