4101 Breezewood Drive Apt 203WilmingtonNC28412
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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 Wilmington at 4101 Breezewood Drive Apt 203, Wilmington, NC, 28412 generates $1,973/mo in rent and, after a $1,223/mo payment, leaves $450/mo in cash flow. Total monthly income is $1,973/mo, and annual cash flow is $5,401/yr on $82,842 invested. Return on cash invested sits at 26.43% in year one, and rental yield is 9.47% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 137.74% and total cumulative return in cash sums $114,110. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,973/mo property income rather than buyer’s personal income.
Condo
Built in 1997
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28412, Wilmington, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,383 (100%) |
| Owner Occupied HU | 12,950 (53.1%) |
| Renter Occupied HU | 9,242 (37.9%) |
| Vacant Housing Units | 2,191 ( 9.0%) |
| Median Home Value | $396,597 |
| Average Home Value | $451,674 |
Housing Distribution
Address Breakdown
Residential
23,810
Single Family
18,795
Multi-Family
5,015
Businesses
956
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Listed by: Brett Knowles • Coldwell Banker Sea Coast Advantage
Mls Name: Hive MLS
Mls ID: #100551030