5413 Park Avenue, Wilmington, NC, 28403 | 5.9% Rental Yield

For Sale

Rental Income

Listed for sale 4 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 5413 Park Avenue, Wilmington, NC, 28403 offers a 5.9% rental yield on a $480,000 purchase with $2,359/mo rent. 64% in year one. Equity gained on principal adds $3,097/yr while 5% annual appreciation supports $132,615 over five years. Portfolio math shows five-year ROI at 79.81% and total cumulative return in cash at $127,001. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,359/mo property income against a $2,349/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1955

9,147 sqft lot

$N/A/sqft

No HOA