3714 Columbia Avenue NWWilsonNC27896
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3714 Columbia Avenue NW, Wilson, NC, 27896 offers a 9.56% rental yield on a $266,000 purchase with $2,119/mo rent. Total monthly income registers $2,119/mo, and a $1,302/mo payment leaves $498/mo available for distribution. Annual cash flow reaches $5,974/yr on $88,179 to close, and return on cash invested stands at 26.68% in year one. Equity gained on principal adds $1,716/yr while 5% annual appreciation supports $73,491 over five years. Portfolio math shows five-year ROI at 139.05% and total cumulative return in cash at $122,609. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,119/mo property income against a $1,302/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
0.27 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Thomas Williford • Housewell.com Realty of North Carolina LLC
Mls Name: Hive MLS
Mls ID: #100530957