809 Howes Point PlaceWilmingtonNC28405
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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 Wilmington at 809 Howes Point Place, Wilmington, NC, 28405 projects strong ROI of 3.29%. Rental yield 1.94%. With 5% annual appreciation, the property builds $729,107 in value over five years. Equity growth combined delivers a projected five-year ROI of 13.65%, translating into $116,735 in total cumulative return on $855,036 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1998
0.61 Acres lot
$N/A/sqft
$4,167 annually HOA
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Nearby investment properties with comparable prices
Listed by: April Pearson • Intracoastal Realty Corp
Mls Name: Hive MLS
Mls Provider:
Mls ID: #100520795
Disclaimer: The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 2025-07-24 08:13:00 PDT. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 2025-07-24 08:13:00 PDT Hive MLS