168 Wild Iris LnGarlandNC28441
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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 Garland at 168 Wild Iris Ln, Garland, NC, 28441 earns from $1,800/mo rent with a $2,912/mo payment. Total monthly income totals $1,800/mo. ROI tracks 8.87% on current figures, and rental yield reads 3.63% at a $595,000 purchase. Equity gained on principal adds $3,839/yr, and 5% annual appreciation supports $164,388 over five years. Five-year ROI reaches 43.46% and total cumulative return in cash sums $85,082. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,800/mo property income instead of your personal income.
Single Family
Built in N/A
80.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28441, Garland, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,350 (100%) |
| Owner Occupied HU | 863 (63.9%) |
| Renter Occupied HU | 258 (19.1%) |
| Vacant Housing Units | 229 (17.0%) |
| Median Home Value | $147,704 |
| Average Home Value | $200,229 |
Housing Distribution
Address Breakdown
Residential
1,349
Single Family
1,349
Multi-Family
0
Businesses
75
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Listed by: Cailein Campbell • National Land Realty, Wilmington, NC
Mls Name: My State MLS
Mls ID: #11467928