132 James Edward CourtWilmingtonNC28403
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 2.12% gross rental yield, 132 James Edward Court, Wilmington, NC, 28403 in Wilmington is priced for capital growth, not immediate cash flow. The $1,255,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $346,733 by year five, with $11,559/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.39) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $88,529.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.1% | 5.8% |
| Monthly Cash Flow | $(6,054) | $1,850 |
City averages based on Wilmington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,220 |
| Total Monthly Debt Service | $7,774 |
| DSCR Ratio | 0.29x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2025
1,306 sqft lot
$N/A/sqft
$7,500 annually HOA
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
Townhouse
Built in 2025
1,306 sqft lot
$N/A/sqft
$7,500 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices