805 Red Sky Drive NEWinnabowNC28479
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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 Winnabow at 805 Red Sky Drive NE, Winnabow, NC, 28479 earns $175/mo cash flow from $2,552/mo rent with a $1,909/mo payment. Total monthly income totals $2,552/mo, and annual cash flow totals $2,100/yr on $129,282 capital. ROI tracks 21.53% on current figures, and rental yield reads 7.85% at a $389,990 purchase. Equity gained on principal adds $2,517/yr, and 5% annual appreciation supports $107,747 over five years. Five-year ROI reaches 111.45% and total cumulative return in cash sums $144,089. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,552/mo property income instead of your personal income.
Single Family
Built in 2025
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28479, Winnabow, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,104 (100%) |
| Owner Occupied HU | 2,408 (77.6%) |
| Renter Occupied HU | 479 (15.4%) |
| Vacant Housing Units | 217 ( 7.0%) |
| Median Home Value | $344,408 |
| Average Home Value | $360,289 |
Housing Distribution
Address Breakdown
Residential
3,184
Single Family
3,120
Multi-Family
64
Businesses
79
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Listed by: Jason B Cox • WIndsor Real Estate Group
Mls Name: Hive MLS
Mls ID: #100543344