Maywood Plan, The Townes at Ridgewood FarmsWintervilleNC28590
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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 Winterville at Maywood Plan, The Townes at Ridgewood Farms, Winterville, NC, 28590 uses $76,242 cash to close to unlock $8,352/yr annual cash flow and $696/mo monthly cash flow. Total monthly income runs $2,098/mo, and a $1,126/mo payment keeps the spread at $696/mo. Purchase price stands at $229,990, and rental yield measures 10.95% with $2,098/mo rent. Return on cash invested shows 30.86% in year one, and 5% annual appreciation builds toward $63,542 over five years. Five-year ROI reaches 161.52% and total cumulative return in cash records $123,148. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,098/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Townhouse
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: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A