Belair Plan, Cottages at WingateWingateNC28174
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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 Wingate at Belair Plan, Cottages at Wingate, Wingate, NC, 28174 with 5% annual appreciation on a $345,990 basis while $2,588/mo rent supports operations. Total monthly income totals $2,588/mo and a $1,693/mo payment preserves $480/mo for cash returns. Annual cash flow comes to $5,758/yr on $114,696 deployed, and return on cash invested reaches 24.93% in year one. Equity gained on principal adds $2,233/yr, and five-year appreciation sums $95,591 alongside rental yield of 8.98%. Five-year ROI measures 129.63% and total cumulative return in cash totals $148,683.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,588/mo property income versus a $1,693/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2026
N/A 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
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Listed by: N/A • Dream Finders Homes
Mls Name: Dream Finders Homes
Mls Provider:
Mls ID: #N/A