5 W Belmont Dr LOT 15WilmingtonNC28411
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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 5 W Belmont Dr LOT 15, Wilmington, NC, 28411 generates $2,844/mo in rent and, after a $1,860/mo payment, leaves $528/mo in cash flow. Total monthly income is $2,844/mo, and annual cash flow is $6,336/yr on $125,967 invested. Return on cash invested sits at 24.94% in year one, and rental yield is 8.98% on a $379,990 entry. Equity gained on principal adds $2,452/yr, while 5% annual appreciation builds toward $104,984 over five years. Five-year ROI reaches 129.74% and total cumulative return in cash sums $163,425. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,844/mo property income rather than buyer’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28411, Wilmington, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,804 (100%) |
| Owner Occupied HU | 12,470 (66.3%) |
| Renter Occupied HU | 4,319 (23.0%) |
| Vacant Housing Units | 2,015 (10.7%) |
| Median Home Value | $420,612 |
| Average Home Value | $504,642 |
Housing Distribution
Address Breakdown
Residential
18,379
Single Family
15,573
Multi-Family
2,806
Businesses
506
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Listed by: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A