2910 Park Avenue, Wilmington, NC, 28403 | 3.76% Rental Yield

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Wilmington at 2910 Park Avenue, Wilmington, NC, 28403 offers a 3.76% rental yield on a $1,600,000 purchase with $5,012/mo rent. 4% in year one. Equity gained on principal adds $10,325/yr while 5% annual appreciation supports $442,051 over five years. Portfolio math shows five-year ROI at 46.26% and total cumulative return in cash at $239,787. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,012/mo property income against a $7,831/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1949

0.33 Acres lot

$N/A/sqft

No HOA