Chatham Plan, Fawn ValleyWilmingtonNC28409
Nearby investment properties with comparable rents
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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
Rental property for sale in Wilmington at Chatham Plan, Fawn Valley, Wilmington, NC, 28409 offers $2,880/mo rent that, after a $2,442/mo payment. Total monthly income is $2,880/mo. Return on cash invested measures 18.74% in year one, and rental yield stands at 6.93% at a $498,990 entry. Equity gained on principal adds $3,220/yr while 5% annual appreciation compounds into $137,862 by year five. Five-year ROI records 96.48% and total cumulative return in cash reaches $159,591. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,880/mo property income versus a $2,442/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28409, Wilmington, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,569 (100%) |
| Owner Occupied HU | 12,320 (79.1%) |
| Renter Occupied HU | 2,340 (15.0%) |
| Vacant Housing Units | 909 ( 5.8%) |
| Median Home Value | $457,440 |
| Average Home Value | $555,051 |
Housing Distribution
Address Breakdown
Residential
15,250
Single Family
14,274
Multi-Family
976
Businesses
125
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Listed by: Kristin Alexander • HHHunt Homes
Mls Name: HHHunt Homes
Mls Provider:
Mls ID: #N/A