7100 Windsong WayWingateNC28174
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Wingate at 7100 Windsong Way, Wingate, NC, 28174 uses $87,682 cash to close to unlock $5,611/yr annual cash flow and $468/mo monthly cash flow. Total monthly income runs $2,080/mo, and a $1,295/mo payment keeps the spread at $468/mo. Purchase price stands at $264,500, and rental yield measures 9.44% with $2,080/mo rent. Return on cash invested shows 26.31% in year one, and 5% annual appreciation builds toward $73,076 over five years. Five-year ROI reaches 137.05% and total cumulative return in cash records $120,170. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,080/mo property income covering a $1,295/mo payment rather than investor’s personal income.
Single Family
Built in 1998
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28174, Wingate, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,908 (100%) |
| Owner Occupied HU | 1,978 (68.0%) |
| Renter Occupied HU | 760 (26.1%) |
| Vacant Housing Units | 170 ( 5.8%) |
| Median Home Value | $335,447 |
| Average Home Value | $407,078 |
Housing Distribution
Address Breakdown
Residential
2,605
Single Family
2,538
Multi-Family
67
Businesses
133
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian McGowan • Keller Williams South Park
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4322660