Newberry Plan, MonterraKernersvilleNC28284
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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
Rental property for sale in Kernersville at Newberry Plan, Monterra, Kernersville, NC, 28284 offers $2,596/mo rent that, after a $1,889/mo payment, leaves $244/mo cash flow. Total monthly income is $2,596/mo, and annual cash flow is $2,926/yr on $127,956 cash. Return on cash invested measures 22.2% in year one, and rental yield stands at 8.07% at a $385,990 entry. Equity gained on principal adds $2,491/yr while 5% annual appreciation compounds into $106,642 by year five. Five-year ROI records 114.98% and total cumulative return in cash reaches $147,117. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,596/mo property income versus a $1,889/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28284, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
49
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Listed by: Kristina, Kyle, Amanda, Tara, Caity, and Leslie Tr • Eastwood Homes
Mls Name: Eastwood Homes
Mls Provider:
Mls ID: #N/A