904 Litchfield Way APT J, Wilmington, NC, 28405 | $535/mo Cash Flow

For Sale

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 904 Litchfield Way APT J, Wilmington, NC, 28405 earns $535/mo cash flow from $2,230/mo rent with a $1,140/mo payment. Total monthly income totals $2,230/mo, and annual cash flow totals $6,425/yr on $77,240 capital. ROI tracks 28.23% on current figures, and rental yield reads 11.48% at a $233,000 purchase. Equity gained on principal adds $1,504/yr, and 5% annual appreciation supports $64,374 over five years. Five-year ROI reaches 148.9% and total cumulative return in cash sums $115,009. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,230/mo property income instead of your personal income.

Condo

Built in 1997

N/A lot

$N/A/sqft

$275 monthly HOA