447 N 21st Street, Wilmington, NC, 28405 | 6.43% Rental Yield

For Sale

Listed for sale 6 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Wilmington at 447 N 21st Street, Wilmington, NC, 28405 offers a 6.43% rental yield on a $439,900 purchase with $2,358/mo rent. 25% in year one. Equity gained on principal adds $2,839/yr while 5% annual appreciation supports $121,536 over five years. Portfolio math shows five-year ROI at 88.5% and total cumulative return in cash at $129,051. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,358/mo property income against a $2,153/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1999

7,840 sqft lot

$N/A/sqft

No HOA