Davidson Plan, 1158 PlaceWilsonNC27896
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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 Wilson at Davidson Plan, 1158 Place, Wilson, NC, 27896 offers $2,340/mo rent that, after a $2,070/mo payment. Total monthly income is $2,340/mo. Return on cash invested measures 17.52% in year one, and rental yield stands at 6.64% at a $422,900 entry. Equity gained on principal adds $2,729/yr while 5% annual appreciation compounds into $116,839 by year five. Five-year ROI records 90.03% and total cumulative return in cash reaches $126,209. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,340/mo property income versus a $2,070/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
$42 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27896, Wilson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,443 (100%) |
| Owner Occupied HU | 5,877 (62.2%) |
| Renter Occupied HU | 2,840 (30.1%) |
| Vacant Housing Units | 726 ( 7.7%) |
| Median Home Value | $287,749 |
| Average Home Value | $307,293 |
Housing Distribution
Address Breakdown
Residential
9,266
Single Family
8,402
Multi-Family
864
Businesses
543
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Listed by: Kristina, Kyle, Amanda, Tara, Caity, and Leslie Ra • Eastwood Homes
Mls Name: Eastwood Homes
Mls Provider:
Mls ID: #N/A