16620 Titmouse CtWagramNC28396
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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
Rental property for sale in Wagram at 16620 Titmouse Ct, Wagram, NC, 28396 generates $2,699/mo in rent and, after a $2,125/mo payment, leaves $8/mo in cash flow. Total monthly income is $2,699/mo, and annual cash flow is $100/yr on $143,918 invested. Return on cash invested sits at 19.98% in year one, and rental yield is 7.46% on a $434,142 entry. Equity gained on principal adds $2,801/yr, while 5% annual appreciation builds toward $119,945 over five years. Five-year ROI reaches 103.23% and total cumulative return in cash sums $148,567. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,699/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.55 Acres lot
$N/A/sqft
$268 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28396, Wagram, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,153 (100%) |
| Owner Occupied HU | 765 (66.3%) |
| Renter Occupied HU | 239 (20.7%) |
| Vacant Housing Units | 149 (12.9%) |
| Median Home Value | $120,366 |
| Average Home Value | $206,637 |
Housing Distribution
Address Breakdown
Residential
1,057
Single Family
823
Multi-Family
234
Businesses
63
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Listed by: MARY BAGGETT • RE/MAX CHOICE
Mls Name: LPRMLS
Mls Provider:
Mls ID: #737561
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.