26259 Wimble Shores Dr Lot 18WavesNC27982
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 26259 Wimble Shores Dr Lot 18, Waves, NC, 27982 in Waves. Rental yield 4.6%. At $799,000 with 4.6% gross yield, current distributions are modest, but the 5% appreciation rate projects $220,749 in new equity by year five, complemented by $7,359/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.85) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $186,471.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 4.6% | 6.2% |
| Monthly Cash Flow | $(1,806) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,064 |
| Total Monthly Debt Service | $4,552 |
| DSCR Ratio | 0.67x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1975
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27982, Waves, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 382 (100%) |
| Owner Occupied HU | 70 (18.3%) |
| Renter Occupied HU | 16 ( 4.2%) |
| Vacant Housing Units | 296 (77.5%) |
| Median Home Value | $431,250 |
| Average Home Value | $553,929 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
3
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
Single Family
Built in 1975
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27982, Waves, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 382 (100%) |
| Owner Occupied HU | 70 (18.3%) |
| Renter Occupied HU | 16 ( 4.2%) |
| Vacant Housing Units | 296 (77.5%) |
| Median Home Value | $431,250 |
| Average Home Value | $553,929 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
3
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: OBAR
Mls ID: #132290