2712 Winding Ridge Drive WWilsonNC27893
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 2712 Winding Ridge Drive W, Wilson, NC, 27893 uses $89,472 cash to close to unlock $6,541/yr annual cash flow and $545/mo monthly cash flow. Total monthly income runs $2,190/mo, and a $1,321/mo payment keeps the spread at $545/mo. Purchase price stands at $269,900, and rental yield measures 9.74% with $2,190/mo rent. Return on cash invested shows 27.22% in year one, and 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 141.97% and total cumulative return in cash records $127,026. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,190/mo property income covering a $1,321/mo payment rather than investor’s personal income.
Single Family
Built in 2005
10,454 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chuck Williamson • Chesson Agency, eXp Realty
Mls Name: Hive MLS
Mls ID: #100544408