5936 W Baker RdWilsonNC27896
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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 Wilson at 5936 W Baker Rd, Wilson, NC, 27896 uses $46,244 cash to close to unlock $2,659/yr annual cash flow and $222/mo monthly cash flow. Total monthly income runs $1,072/mo, and a $683/mo payment keeps the spread at $222/mo. Purchase price stands at $139,500, and rental yield measures 9.22% with $1,072/mo rent. Return on cash invested shows 25.66% in year one, and 5% annual appreciation builds toward $38,541 over five years. Five-year ROI reaches 133.61% and total cumulative return in cash records $61,785. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,072/mo property income covering a $683/mo payment rather than investor’s personal income.
Manufactured
Built in 1973
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27896, Wilson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,443 (100%) |
| Owner Occupied HU | 5,877 (62.2%) |
| Renter Occupied HU | 2,840 (30.1%) |
| Vacant Housing Units | 726 ( 7.7%) |
| Median Home Value | $287,749 |
| Average Home Value | $307,293 |
Housing Distribution
Address Breakdown
Residential
9,266
Single Family
8,402
Multi-Family
864
Businesses
543
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Listed by: April Stephens • eXp Realty, LLC - C
Mls Name: Doorify MLS
Mls ID: #10131896