Glen Abbey Plan, Heritage at ParamoreWintervilleNC28590
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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 Winterville at Glen Abbey Plan, Heritage at Paramore, Winterville, NC, 28590 priced at $445,400 pairs $2,942/mo rent with $228/mo cash flow after a $2,180/mo payment. Total monthly income equals $2,942/mo, and annual cash flow comes to $2,730/yr on $147,650 invested. Return on cash invested is 21.76% in year one, and rental yield stands at 7.93% on a $445,400 basis. Equity gained on principal adds $2,874/yr, and 5% annual appreciation accumulates to $123,056 by year five. Five-year ROI measures 112.65% and total cumulative return in cash reaches $166,322. For financing, Ziffy Mortgage’s DSCR program evaluates $2,942/mo property income against a $2,180/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28590, Winterville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,139 (100%) |
| Owner Occupied HU | 8,173 (67.3%) |
| Renter Occupied HU | 3,263 (26.9%) |
| Vacant Housing Units | 703 ( 5.8%) |
| Median Home Value | $279,164 |
| Average Home Value | $290,228 |
Housing Distribution
Address Breakdown
Residential
12,254
Single Family
11,249
Multi-Family
1,005
Businesses
674
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Listed by: Pat Palumbo • Bill Clark Homes
Mls Name: Bill Clark Homes
Mls ID: #N/A