1205 Gold St NWilsonNC27893
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Wilson at 1205 Gold St N, Wilson, NC, 27893 generates $1,745/mo in rent and, after a $739/mo payment, leaves $825/mo in cash flow. Total monthly income is $1,745/mo, and annual cash flow is $9,898/yr on $50,057 invested. Return on cash invested sits at 39.68% in year one, and rental yield is 13.87% on a $151,000 entry. Equity gained on principal adds $974/yr, while 5% annual appreciation builds toward $41,719 over five years. Five-year ROI reaches 208.75% and total cumulative return in cash sums $104,492. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,745/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
7,405 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Steven Elliot • Fathom Realty NC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10126023
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.