Edgewood Plan, Indigo at Abbey PreserveWilmingtonNC28411
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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 Edgewood Plan, Indigo at Abbey Preserve, Wilmington, NC, 28411 priced at $469,990 converts $1,740/mo rent into after a $2,300/mo obligation. Total monthly income equals $1,740/mo. Return on cash invested prints 11.25% in year one, and rental yield reads 4.44% against a $469,990 entry. Equity gained on principal adds $3,033/yr, while 5% annual appreciation compiles into $129,850 by year five. Five-year ROI reaches 56.32% and total cumulative return in cash sums $87,750. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,740/mo property income covering a $2,300/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28411, Wilmington, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,804 (100%) |
| Owner Occupied HU | 12,470 (66.3%) |
| Renter Occupied HU | 4,319 (23.0%) |
| Vacant Housing Units | 2,015 (10.7%) |
| Median Home Value | $420,612 |
| Average Home Value | $504,642 |
Housing Distribution
Address Breakdown
Residential
18,379
Single Family
15,573
Multi-Family
2,806
Businesses
506
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Listed by: N/A • Mungo Homes
Mls Name: Mungo Homes, Inc
Mls Provider:
Mls ID: #N/A