3234 Belmont CircleWilmingtonNC28405
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Wilmington rentals match the income profile of 3234 Belmont Circle, Wilmington, NC, 28405. Listed at $279,900, gross rent is $2,558/mo and net cash flow is $708/mo, a 10.97% yield well above national averages. DSCR 2.03 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $77,331 by year five with $2,578/yr in annual principal reduction, projecting $152,176 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 5.8% |
| Monthly Cash Flow | $708 | $1,850 |
City averages based on Wilmington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,558 |
| Total Monthly Debt Service | $1,739 |
| DSCR Ratio | 1.47x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2000
1,306 sqft lot
$N/A/sqft
$1,740 annually HOA
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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
Townhouse
Built in 2000
1,306 sqft lot
$N/A/sqft
$1,740 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices