2827 Sapling CircleWilmingtonNC28411
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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
Investment property for sale in Wilmington at 2827 Sapling Circle, Wilmington, NC, 28411 earns $123/mo cash flow from $2,134/mo rent with a $1,615/mo payment. Total monthly income totals $2,134/mo, and annual cash flow totals $1,477/yr on $109,362 capital. ROI tracks 21.26% on current figures, and rental yield reads 7.76% at a $329,900 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,145 over five years. Five-year ROI reaches 110% and total cumulative return in cash sums $120,303. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,134/mo property income instead of your personal income.
Single Family
Built in 1998
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28411, Wilmington, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,804 (100%) |
| Owner Occupied HU | 12,470 (66.3%) |
| Renter Occupied HU | 4,319 (23.0%) |
| Vacant Housing Units | 2,015 (10.7%) |
| Median Home Value | $420,612 |
| Average Home Value | $504,642 |
Housing Distribution
Address Breakdown
Residential
18,379
Single Family
15,573
Multi-Family
2,806
Businesses
506
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Listed by: The Domenico Grillo Real Estate Team • Keller Williams Innovate-Wilmington
Mls Name: Hive MLS
Mls ID: #100515147