Wagner Plan, KensingtonChina GroveNC28023
Nearby investment properties with comparable rents
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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 China Grove at Wagner Plan, Kensington, China Grove, NC, 28023 listed at $413,400 pairs $2,034/mo rent with a $2,023/mo payment. Total monthly income runs $2,034/mo. Return on cash invested measures 15.66% in year one, and rental yield registers 5.9% at a $413,400 basis. Equity gained on principal adds $2,668/yr, and annual property appreciation at 5% supports $114,215 by year five. Five-year ROI tracks 79.93% and total cumulative return in cash totals $109,535. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,034/mo property income relative to a $2,023/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28023, China Grove, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,449 (100%) |
| Owner Occupied HU | 4,807 (74.5%) |
| Renter Occupied HU | 1,226 (19.0%) |
| Vacant Housing Units | 416 ( 6.5%) |
| Median Home Value | $282,736 |
| Average Home Value | $345,124 |
Housing Distribution
Address Breakdown
Residential
6,306
Single Family
6,306
Multi-Family
0
Businesses
396
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Listed by: N/A • True Homes
Mls Name: True Homes
Mls Provider:
Mls ID: #N/A