2701 Wrightsville Avenue,Wilmington,NC,28403

Investment Highlights

Investment property for sale in Wilmington at 2701 Wrightsville Avenue, Wilmington, NC, 28403 offers a 8.83% rental yield on a $349,000 purchase with $2,569/mo rent. Total monthly income registers $2,569/mo, and a $1,708/mo payment leaves $442/mo available for distribution. Annual cash flow reaches $5,306/yr on $115,694 to close, and return on cash invested stands at 24.5% in year one. Equity gained on principal adds $2,252/yr while 5% annual appreciation supports $96,422 over five years. Portfolio math shows five-year ROI at 127.34% and total cumulative return in cash at $147,324. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,569/mo property income against a $1,708/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.