Pearson 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
Rental property for sale in Winterville at Pearson Plan, The Townes at Ridgewood Farms, Winterville, NC, 28590 priced at $227,990 converts $2,080/mo rent into $690/mo cash flow after a $1,116/mo obligation. Total monthly income equals $2,080/mo, and annual cash flow totals $8,285/yr on $75,579 invested. Return on cash invested prints 30.87% in year one, and rental yield reads 10.95% against a $227,990 entry. Equity gained on principal adds $1,471/yr, while 5% annual appreciation compiles into $62,989 by year five. Five-year ROI reaches 161.54% and total cumulative return in cash sums $122,088. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,080/mo property income covering a $1,116/mo payment, not borrower’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