34 Brogdeon St LOT 30WilmingtonNC28411
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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 34 Brogdeon St LOT 30, Wilmington, NC, 28411 uses $134,257 cash to close to unlock $11,040/yr annual cash flow and $920/mo monthly cash flow. Total monthly income runs $3,388/mo, and a $1,982/mo payment keeps the spread at $920/mo. Purchase price stands at $404,999, and rental yield measures 10.04% with $3,388/mo rent. Return on cash invested shows 28.13% in year one, and 5% annual appreciation builds toward $111,894 over five years. Five-year ROI reaches 146.8% and total cumulative return in cash records $197,089. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,388/mo property income covering a $1,982/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A 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: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A