196 Whispering Streams Drive UNIT 2FleetwoodNC28626
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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 Fleetwood at 196 Whispering Streams Drive UNIT 2, Fleetwood, NC, 28626 offers a 5.16% rental yield on a $662,000 purchase with $2,845/mo rent. 51% in year one. Equity gained on principal adds $4,272/yr while 5% annual appreciation supports $182,898 over five years. Portfolio math shows five-year ROI at 68.36% and total cumulative return in cash at $148,885. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,845/mo property income against a $3,240/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2021
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28626, Fleetwood, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,736 (100%) |
| Owner Occupied HU | 940 (54.1%) |
| Renter Occupied HU | 195 (11.2%) |
| Vacant Housing Units | 601 (34.6%) |
| Median Home Value | $328,333 |
| Average Home Value | $366,633 |
Housing Distribution
Address Breakdown
Residential
1,369
Single Family
1,369
Multi-Family
0
Businesses
61
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Listed by: Andrea Reeves-Witherspoon • Regency Properties
Mls Name: High Country AOR
Mls ID: #256827