906 Corbett Avenue NEWilsonNC27893
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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 906 Corbett Avenue NE, Wilson, NC, 27893 offers a 9.43% rental yield on a $180,000 purchase with $1,414/mo rent. Total monthly income registers $1,414/mo, and a $881/mo payment leaves $317/mo available for distribution. Annual cash flow reaches $3,804/yr on $59,670 to close, and return on cash invested stands at 26.28% in year one. Equity gained on principal adds $1,162/yr while 5% annual appreciation supports $49,731 over five years. Portfolio math shows five-year ROI at 136.9% and total cumulative return in cash at $81,689. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,414/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1950
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27893, Wilson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,600 (100%) |
| Owner Occupied HU | 7,785 (41.9%) |
| Renter Occupied HU | 8,288 (44.6%) |
| Vacant Housing Units | 2,527 (13.6%) |
| Median Home Value | $193,160 |
| Average Home Value | $222,189 |
Housing Distribution
Address Breakdown
Residential
16,458
Single Family
15,830
Multi-Family
628
Businesses
1,437
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Listed by: James Jones • Legacy Builder, LLC
Mls Name: Hive MLS
Mls ID: #100546981