4177 Spirea DriveWilmingtonNC28403
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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 Wilmington at 4177 Spirea Drive, Wilmington, NC, 28403 earns $480/mo cash flow from $1,537/mo rent with a $849/mo payment. Total monthly income totals $1,537/mo, and annual cash flow totals $5,758/yr on $57,515 capital. ROI tracks 29.92% on current figures, and rental yield reads 10.63% at a $173,500 purchase. Equity gained on principal adds $1,120/yr, and 5% annual appreciation supports $47,935 over five years. Five-year ROI reaches 156.4% and total cumulative return in cash sums $89,956. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,537/mo property income instead of your personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Jaylen Thompson • Coldwell Banker Sea Coast Advantage - Jacksonville
Mls Name: Hive MLS
Mls ID: #100546622