1008 Overbrook PlWingateNC28174
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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 Wingate at 1008 Overbrook Pl, Wingate, NC, 28174 earns $341/mo cash flow from $2,047/mo rent with a $1,370/mo payment. Total monthly income totals $2,047/mo, and annual cash flow totals $4,092/yr on $92,817 capital. ROI tracks 24.32% on current figures, and rental yield reads 8.77% at a $279,990 purchase. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,356 over five years. Five-year ROI reaches 126.42% and total cumulative return in cash sums $117,342. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,047/mo property income instead of your personal income.
Townhouse
Built in 2025
0.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28174, Wingate, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,908 (100%) |
| Owner Occupied HU | 1,978 (68.0%) |
| Renter Occupied HU | 760 (26.1%) |
| Vacant Housing Units | 170 ( 5.8%) |
| Median Home Value | $335,447 |
| Average Home Value | $407,078 |
Housing Distribution
Address Breakdown
Residential
2,605
Single Family
2,538
Multi-Family
67
Businesses
133
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Listed by: Josh Allen • M/I Homes
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4326635