4240 Wilshire Boulevard #305-EWilmingtonNC28403
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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 4240 Wilshire Boulevard #305-E, Wilmington, NC, 28403 earns $492/mo cash flow from $1,528/mo rent with a $832/mo payment. Total monthly income totals $1,528/mo, and annual cash flow totals $5,905/yr on $56,322 capital. ROI tracks 30.39% on current figures, and rental yield reads 10.79% at a $169,900 purchase. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 over five years. Five-year ROI reaches 159.01% and total cumulative return in cash sums $89,558. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,528/mo property income instead of your personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
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Listed by: The Domenico Grillo Real Estate Team • Keller Williams Innovate-Wilmington
Mls Name: Hive MLS
Mls ID: #100522951