1003 Academy St EWilsonNC27893
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 Wilson at 1003 Academy St E, Wilson, NC, 27893 at $239,000 posts ROI 29.59% with $639/mo cash flow from $2,096/mo rent. Total monthly income equals $2,096/mo, and annual cash flow records $7,670/yr on $79,229 to close. Return on cash invested measures 29.59% and rental yield reads 10.52% at the current $239,000. Equity gained on principal adds $1,542/yr, and 5% annual appreciation supports $66,031 by year five. Five-year ROI prints 154.67% and total cumulative return in cash totals $122,544.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,096/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27893, Wilson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,600 (100%) |
| Owner Occupied HU | 7,785 (41.9%) |
| Renter Occupied HU | 8,288 (44.6%) |
| Vacant Housing Units | 2,527 (13.6%) |
| Median Home Value | $193,160 |
| Average Home Value | $222,189 |
Housing Distribution
Address Breakdown
Residential
16,458
Single Family
15,830
Multi-Family
628
Businesses
1,437
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Listed by: Maryalyce Summers • Coldwell Banker HPW
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10109488
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.