3103 Welford Place NWilsonNC27896
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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 Wilson at 3103 Welford Place N, Wilson, NC, 27896 listed at $369,900 pairs $2,530/mo rent with a $1,810/mo payment to leave $276/mo cash flow. Total monthly income runs $2,530/mo, and annual cash flow reaches $3,313/yr on $122,622 cash to close. Return on cash invested measures 22.61% in year one, and rental yield registers 8.21% at a $369,900 basis. Equity gained on principal adds $2,387/yr, and annual property appreciation at 5% supports $102,197 by year five. Five-year ROI tracks 117.24% and total cumulative return in cash totals $143,758. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,530/mo property income relative to a $1,810/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2013
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27896, Wilson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,443 (100%) |
| Owner Occupied HU | 5,877 (62.2%) |
| Renter Occupied HU | 2,840 (30.1%) |
| Vacant Housing Units | 726 ( 7.7%) |
| Median Home Value | $287,749 |
| Average Home Value | $307,293 |
Housing Distribution
Address Breakdown
Residential
9,266
Single Family
8,402
Multi-Family
864
Businesses
543
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Listed by: Morgan Langley • Our Town Properties Inc.
Mls Name: Hive MLS
Mls ID: #100541647