Magellan Plan, BrightleafWilsonNC27893
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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
Investment property for sale in Wilson at Magellan Plan, Brightleaf, Wilson, NC, 27893 uses $106,077 cash to close to unlock $10,368/yr annual cash flow and $864/mo monthly cash flow. Total monthly income runs $2,814/mo, and a $1,566/mo payment keeps the spread at $864/mo. Purchase price stands at $319,990, and rental yield measures 10.55% with $2,814/mo rent. Return on cash invested shows 29.68% in year one, and 5% annual appreciation builds toward $88,407 over five years. Five-year ROI reaches 155.16% and total cumulative return in cash records $164,592. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,814/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27893, Wilson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,600 (100%) |
| Owner Occupied HU | 7,785 (41.9%) |
| Renter Occupied HU | 8,288 (44.6%) |
| Vacant Housing Units | 2,527 (13.6%) |
| Median Home Value | $193,160 |
| Average Home Value | $222,189 |
Housing Distribution
Address Breakdown
Residential
16,458
Single Family
15,830
Multi-Family
628
Businesses
1,437
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Listed by: N/A • Starlight
Mls Name: Starlight Homes
Mls Provider:
Mls ID: #N/A