8140 Vance RdKernersvilleNC27284
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 8140 Vance Rd, Kernersville, NC, 27284 offers a 9.25% rental yield on a $349,900 purchase with $2,696/mo rent. Total monthly income registers $2,696/mo, and a $1,713/mo payment leaves $563/mo available for distribution. Annual cash flow reaches $6,757/yr on $115,992 to close, and return on cash invested stands at 25.73% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,671 over five years. Portfolio math shows five-year ROI at 133.99% and total cumulative return in cash at $155,418. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,696/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.47 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Erin Nelson • Keller Williams Realty Elite
Mls Name: Triad MLS
Mls ID: #1200770