2411 Canal Dr NWWilsonNC27896
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2411 Canal Dr NW, Wilson, NC, 27896 earns $691/mo cash flow from $1,940/mo rent with a $1,003/mo payment. Total monthly income totals $1,940/mo, and annual cash flow totals $8,292/yr on $67,958 capital. ROI tracks 32.11% on current figures, and rental yield reads 11.36% at a $205,000 purchase. Equity gained on principal adds $1,323/yr, and 5% annual appreciation supports $56,638 over five years. Five-year ROI reaches 168.13% and total cumulative return in cash sums $114,258. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,940/mo property income instead of your personal income.
Single Family
Built in 1980
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27896, Wilson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,443 (100%) |
| Owner Occupied HU | 5,877 (62.2%) |
| Renter Occupied HU | 2,840 (30.1%) |
| Vacant Housing Units | 726 ( 7.7%) |
| Median Home Value | $287,749 |
| Average Home Value | $307,293 |
Housing Distribution
Address Breakdown
Residential
9,266
Single Family
8,402
Multi-Family
864
Businesses
543
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sheri Gregory • Top Brokerage LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4301416