KERRY Plan, Saltgrass LandingWinnabowNC28479
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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 Winnabow at KERRY Plan, Saltgrass Landing, Winnabow, NC, 28479 priced at $303,990 converts $2,492/mo rent into $639/mo cash flow after a $1,488/mo obligation. Total monthly income equals $2,492/mo, and annual cash flow totals $7,671/yr on $100,773 invested. Return on cash invested prints 27.52% in year one, and rental yield reads 9.84% against a $303,990 entry. Equity gained on principal adds $1,962/yr, while 5% annual appreciation compiles into $83,987 by year five. Five-year ROI reaches 143.57% and total cumulative return in cash sums $144,677. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,492/mo property income covering a $1,488/mo payment, not borrower’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28479, Winnabow, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,104 (100%) |
| Owner Occupied HU | 2,408 (77.6%) |
| Renter Occupied HU | 479 (15.4%) |
| Vacant Housing Units | 217 ( 7.0%) |
| Median Home Value | $344,408 |
| Average Home Value | $360,289 |
Housing Distribution
Address Breakdown
Residential
3,184
Single Family
3,120
Multi-Family
64
Businesses
79
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Listed by: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A