410 W Elm StWingateNC28174
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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 Wingate at 410 W Elm St, Wingate, NC, 28174 at $449,500 posts ROI 18.74% with from $2,594/mo rent. Total monthly income equals $2,594/mo. Return on cash invested measures 18.74% and rental yield reads 6.93% at the current $449,500. Equity gained on principal adds $2,901/yr, and 5% annual appreciation supports $124,189 by year five. Five-year ROI prints 96.45% and total cumulative return in cash totals $143,717. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,594/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2000
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28174, Wingate, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,908 (100%) |
| Owner Occupied HU | 1,978 (68.0%) |
| Renter Occupied HU | 760 (26.1%) |
| Vacant Housing Units | 170 ( 5.8%) |
| Median Home Value | $335,447 |
| Average Home Value | $407,078 |
Housing Distribution
Address Breakdown
Residential
2,605
Single Family
2,538
Multi-Family
67
Businesses
133
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Listed by: Myron Williams • Myron Williams Real Estate, LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4302468