1118 Vance St NWilsonNC27893
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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 Wilson at 1118 Vance St N, Wilson, NC, 27893 earns $361/mo cash flow from $1,336/mo rent with a $783/mo payment. Total monthly income totals $1,336/mo, and annual cash flow totals $4,332/yr on $53,040 capital. ROI tracks 28.08% on current figures, and rental yield reads 10.02% at a $160,000 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 over five years. Five-year ROI reaches 146.5% and total cumulative return in cash sums $77,702. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,336/mo property income instead of your personal income.
Single Family
Built in 1928
8,015 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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