6022 Wren 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
Rental property for sale in Kernersville at 6022 Wren Dr, Kernersville, NC, 27284 priced at $390,999 converts $2,700/mo rent into $317/mo cash flow after a $1,914/mo obligation. Total monthly income equals $2,700/mo, and annual cash flow totals $3,802/yr on $129,616 invested. Return on cash invested prints 22.84% in year one, and rental yield reads 8.29% against a $390,999 entry. Equity gained on principal adds $2,523/yr, while 5% annual appreciation compiles into $108,026 by year five. Five-year ROI reaches 118.45% and total cumulative return in cash sums $153,526. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,700/mo property income covering a $1,914/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A 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: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A