4697 Deveron DrKernersvilleNC27284
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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 Kernersville at 4697 Deveron Dr, Kernersville, NC, 27284 uses $148,512 cash to close to unlock $7,973/yr annual cash flow and $664/mo monthly cash flow. Total monthly income runs $3,395/mo, and a $2,193/mo payment keeps the spread at $664/mo. Purchase price stands at $448,000, and rental yield measures 9.09% with $3,395/mo rent. Return on cash invested shows 25.28% in year one, and 5% annual appreciation builds toward $123,774 over five years. Five-year ROI reaches 131.52% and total cumulative return in cash records $195,326. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,395/mo property income covering a $2,193/mo payment rather than investor’s personal income.
Single Family
Built in 2021
0.35 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: Amy Cromer • Hillcrest Realty Group
Mls Name: Triad MLS
Mls ID: #1195633