Declan Plan, The Glenns IIWingateNC28174
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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 Wingate at Declan Plan, The Glenns II, Wingate, NC, 28174 offers $2,510/mo rent that, after a $1,762/mo payment, leaves $316/mo cash flow. Total monthly income is $2,510/mo, and annual cash flow is $3,793/yr on $119,307 cash. Return on cash invested measures 23.09% in year one, and rental yield stands at 8.37% at a $359,900 entry. Equity gained on principal adds $2,322/yr while 5% annual appreciation compounds into $99,434 by year five. Five-year ROI records 119.8% and total cumulative return in cash reaches $142,934. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,510/mo property income versus a $1,762/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
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 • True Homes
Mls Name: True Homes
Mls Provider:
Mls ID: #N/A