213 Windwood DrStedmanNC28391
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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 Stedman at 213 Windwood Dr, Stedman, NC, 28391 priced at $315,000 converts $2,436/mo rent into $516/mo cash flow after a $1,542/mo obligation. Total monthly income equals $2,436/mo, and annual cash flow totals $6,192/yr on $104,423 invested. Return on cash invested prints 25.84% in year one, and rental yield reads 9.28% against a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation compiles into $87,029 by year five. Five-year ROI reaches 134.5% and total cumulative return in cash sums $140,453. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,436/mo property income covering a $1,542/mo payment, not borrower’s personal income.
Single Family
Built in 2016
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28391, Stedman, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,583 (100%) |
| Owner Occupied HU | 1,877 (72.7%) |
| Renter Occupied HU | 488 (18.9%) |
| Vacant Housing Units | 218 ( 8.4%) |
| Median Home Value | $246,369 |
| Average Home Value | $247,255 |
Housing Distribution
Address Breakdown
Residential
2,431
Single Family
2,407
Multi-Family
24
Businesses
122
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Listed by: THE YETI HOUSE POWERED BY EXP REALTY LLC • EXP REALTY LLC
Mls Name: LPRMLS
Mls Provider:
Mls ID: #743905
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.