3900 Sterling Pointe DrWintervilleNC28590
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 Winterville at 3900 Sterling Pointe Dr, Winterville, NC, 28590 offers a 13.17% rental yield on a $118,800 purchase with $1,304/mo rent. Total monthly income registers $1,304/mo, and a $581/mo payment leaves $580/mo available for distribution. Annual cash flow reaches $6,965/yr on $39,382 to close, and return on cash invested stands at 37.6% in year one. Equity gained on principal adds $767/yr while 5% annual appreciation supports $32,822 over five years. Portfolio math shows five-year ROI at 197.64% and total cumulative return in cash at $77,834. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,304/mo property income against a $581/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1999
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28590, Winterville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,139 (100%) |
| Owner Occupied HU | 8,173 (67.3%) |
| Renter Occupied HU | 3,263 (26.9%) |
| Vacant Housing Units | 703 ( 5.8%) |
| Median Home Value | $279,164 |
| Average Home Value | $290,228 |
Housing Distribution
Address Breakdown
Residential
12,254
Single Family
11,249
Multi-Family
1,005
Businesses
674
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicholas S Yarrington • Grow Local Realty, LLC
Mls Name: Doorify MLS
Mls ID: #10134394