2024 Market Street, Wilmington, NC, 28403 | 7.16% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1101 sft

145 Bentgreen Drive, Leland, NC, 28451

2 Bed
1 Bath
1100 sft

240 Peiffer Ave, Wilmington, NC, 28409

4 Bed
3 Bath
2122 sft

Grandview Plan, Brook Ridge Lane, Southport, NC, 28461

3 Bed
2 Bath
1095 sft

313 Tennessee Avenue, Wilmington, NC, 28401

Nearby investment properties with comparable prices

Durell Plan, True Homes Build OYL - Wilmington

3 Bed
2 Bath
1572 sft

Durell Plan, True Homes Build OYL - Wilmington, Wilmington, NC, 28403

3 Bed
2 Bath
1580 sft

259 N Hills Drive, Southport, NC, 28461

3 Bed
3 Bath
1428 sft

4624 Sweet Jasmine Run, Wilmington, NC, 28412

3 Bed
2 Bath
1568 sft

170 Brentwood Drive, Wilmington, NC, 28401

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Wilmington at 2024 Market Street, Wilmington, NC, 28403 priced at $399,000 converts $2,382/mo rent into after a $1,953/mo obligation. Total monthly income equals $2,382/mo. Return on cash invested prints 19.46% in year one, and rental yield reads 7.16% against a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation compiles into $110,236 by year five. Five-year ROI reaches 100.32% and total cumulative return in cash sums $132,686. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,382/mo property income covering a $1,953/mo payment, not borrower’s personal income.

Single Family

Built in 1915

3,484 sqft lot

$N/A/sqft

No HOA