3985 Sterling Pointe Dr UNIT EEE 2 EEE 2WintervilleNC28590
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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
Rental property for sale in Winterville at 3985 Sterling Pointe Dr UNIT EEE 2 EEE 2, Winterville, NC, 28590 generates $1,740/mo in rent and, after a $516/mo payment, leaves $1,097/mo in cash flow. Total monthly income is $1,740/mo, and annual cash flow is $13,169/yr on $34,973 invested. Return on cash invested sits at 57.56% in year one, and rental yield is 19.79% on a $105,500 entry. Equity gained on principal adds $681/yr, while 5% annual appreciation builds toward $29,148 over five years. Five-year ROI reaches 304.73% and total cumulative return in cash sums $106,575. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,740/mo property income rather than buyer’s personal income.
Townhouse
Built in 2004
N/A 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
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Listed by: N/A • N/A
Mls Name: BHHS broker feed
Mls ID: #100513029