1021 Wood Creek Road NELelandNC28451
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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
Rental property for sale in Leland at 1021 Wood Creek Road NE, Leland, NC, 28451 generates $2,514/mo in rent and, after a $1,756/mo payment, leaves $327/mo in cash flow. Total monthly income is $2,514/mo, and annual cash flow is $3,929/yr on $118,959 invested. Return on cash invested sits at 23.21% in year one, and rental yield is 8.41% on a $358,850 entry. Equity gained on principal adds $2,316/yr, while 5% annual appreciation builds toward $99,144 over five years. Five-year ROI reaches 120.44% and total cumulative return in cash sums $143,276. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,514/mo property income rather than buyer’s personal income.
Single Family
Built in 2026
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28451, Leland, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,676 (100%) |
| Owner Occupied HU | 15,987 (67.5%) |
| Renter Occupied HU | 5,229 (22.1%) |
| Vacant Housing Units | 2,460 (10.4%) |
| Median Home Value | $376,128 |
| Average Home Value | $424,214 |
Housing Distribution
Address Breakdown
Residential
22,396
Single Family
21,355
Multi-Family
1,041
Businesses
874
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Listed by: Jacquelyn N Maxwell • ADAMS HOMES REALTY NC INC
Mls Name: Hive MLS
Mls ID: #100546686