208 Tacoma Street EWilsonNC27893
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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 Wilson at 208 Tacoma Street E, Wilson, NC, 27893 uses $33,150 cash to close to unlock $10,884/yr annual cash flow and $907/mo monthly cash flow. Total monthly income runs $1,516/mo, and a $489/mo payment keeps the spread at $907/mo. Purchase price stands at $100,000, and rental yield measures 18.19% with $1,516/mo rent. Return on cash invested shows 52.74% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 278.78% and total cumulative return in cash records $92,416. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,516/mo property income covering a $489/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27893, Wilson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,600 (100%) |
| Owner Occupied HU | 7,785 (41.9%) |
| Renter Occupied HU | 8,288 (44.6%) |
| Vacant Housing Units | 2,527 (13.6%) |
| Median Home Value | $193,160 |
| Average Home Value | $222,189 |
Housing Distribution
Address Breakdown
Residential
16,458
Single Family
15,830
Multi-Family
628
Businesses
1,437
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Listed by: Lafan Forbes • The Forbes Real Estate Group
Mls Name: Hive MLS
Mls ID: #100532076