111 Wilshire Ave SWConcordNC28025
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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 Concord at 111 Wilshire Ave SW, Concord, NC, 28025 with 5% annual appreciation on a $178,500 basis while $2,161/mo rent supports operations. Total monthly income totals $2,161/mo and a $874/mo payment preserves $998/mo for cash returns. Annual cash flow comes to $11,976/yr on $59,173 deployed, and return on cash invested reaches 40.15% in year one. Equity gained on principal adds $1,152/yr, and five-year appreciation sums $49,316 alongside rental yield of 14.53%. Five-year ROI measures 211.8% and total cumulative return in cash totals $125,330.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,161/mo property income versus a $874/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28025, Concord, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,074 (100%) |
| Owner Occupied HU | 15,931 (66.2%) |
| Renter Occupied HU | 6,759 (28.1%) |
| Vacant Housing Units | 1,384 ( 5.7%) |
| Median Home Value | $356,267 |
| Average Home Value | $399,145 |
Housing Distribution
Address Breakdown
Residential
22,882
Single Family
21,679
Multi-Family
1,203
Businesses
1,495
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