501 N Kerr Ave, Wilmington, NC, 28405 | $434/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1012 sft

620 S 13th Street, Wilmington, NC, 28401

3 Bed
2 Bath
1458 sft

1013 Pine Ridge Court, Castle Hayne, NC, 28429

3 Bed
2 Bath
1150 sft

10027 Burning Bush Ridge Court, Leland, NC, 28451

2 Bed
2 Bath
946 sft

159 Longstreet Dr APT 203, Wilmington, NC, 28412

Nearby investment properties with comparable prices

3 Bed
2 Bath
1482 sft

5004 Hunters Trail Unit 4, Wilmington, NC, 28405

2 Bed
2 Bath
1334 sft

4142 Breezewood Drive #201, Wilmington, NC, 28412

Investment Property+ 1 more

3 Bed
2 Bath
1482 sft

5002 Hunters Trl UNIT 13, Wilmington, NC, 28405

1 Bed
1 Bath
370 sft

118 Dock Street #7, Wilmington, NC, 28401

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Wilmington at 501 N Kerr Ave, Wilmington, NC, 28405 earns $434/mo cash flow from $2,262/mo rent with a $1,468/mo payment. Total monthly income totals $2,262/mo, and annual cash flow totals $5,208/yr on $99,450 capital. ROI tracks 25.15% on current figures, and rental yield reads 9.05% at a $300,000 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 over five years. Five-year ROI reaches 130.79% and total cumulative return in cash sums $130,068. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,262/mo property income instead of your personal income.

Single Family

Built in 1958

0.39 Acres lot

$N/A/sqft

No HOA