505 Pineview 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 505 Pineview Road, Kenly, NC, 27542 offers $1,933/mo rent that, after a $1,052/mo payment, leaves $623/mo cash flow. Total monthly income is $1,933/mo, and annual cash flow is $7,476/yr on $71,273 cash. Return on cash invested measures 30.4% in year one, and rental yield stands at 10.79% at a $215,000 entry. Equity gained on principal adds $1,387/yr while 5% annual appreciation compounds into $59,401 by year five. Five-year ROI records 158.96% and total cumulative return in cash reaches $113,293. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,933/mo property income versus a $1,052/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
0.39 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: #100539373