112 Oak Pointe LnWilkesboroNC28697
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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
Total monthly income runs $1,920/mo, and a $2,518/mo payment. Purchase price stands at $514,500, and rental yield measures 4.48% with $1,920/mo rent. Return on cash invested shows 11.44% in year one, and 5% annual appreciation builds toward $142,147 over five years. Five-year ROI reaches 57.3% and total cumulative return in cash records $96,984. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,920/mo property income covering a $2,518/mo payment rather than investor’s personal income.
Single Family
Built in 2022
1.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28697, Wilkesboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,037 (100%) |
| Owner Occupied HU | 3,811 (63.1%) |
| Renter Occupied HU | 1,587 (26.3%) |
| Vacant Housing Units | 639 (10.6%) |
| Median Home Value | $249,953 |
| Average Home Value | $280,346 |
Housing Distribution
Address Breakdown
Residential
5,634
Single Family
5,365
Multi-Family
269
Businesses
693
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Listed by: Angela Sale • Ward & Ward Properties, LLC
Mls Name: Triad MLS
Mls ID: #1195434