4159 Princeton Kenly 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
Rental property for sale in Kenly at 4159 Princeton Kenly Road, Kenly, NC, 27542 priced at $289,000 converts $2,260/mo rent into $498/mo cash flow after a $1,415/mo obligation. Total monthly income equals $2,260/mo, and annual cash flow totals $5,978/yr on $95,804 invested. Return on cash invested prints 26.15% in year one, and rental yield reads 9.38% against a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation compiles into $79,845 by year five. Five-year ROI reaches 136.22% and total cumulative return in cash sums $130,502. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,260/mo property income covering a $1,415/mo payment, not borrower’s personal income.
Single Family
Built in 1969
1.35 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: Kyle Rank • Mark Spain Real Estate
Mls Name: Hive MLS
Mls ID: #100541731