Raymond Plan, RiverlightsWilmingtonNC28412
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Wilmington at Raymond Plan, Riverlights, Wilmington, NC, 28412 listed at $475,990 pairs $2,634/mo rent with a $2,330/mo payment. Total monthly income runs $2,634/mo. Return on cash invested measures 17.88% in year one, and rental yield registers 6.64% at a $475,990 basis. Equity gained on principal adds $3,071/yr, and annual property appreciation at 5% supports $131,507 by year five. Five-year ROI tracks 91.82% and total cumulative return in cash totals $144,882. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,634/mo property income relative to a $2,330/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28412, Wilmington, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,383 (100%) |
| Owner Occupied HU | 12,950 (53.1%) |
| Renter Occupied HU | 9,242 (37.9%) |
| Vacant Housing Units | 2,191 ( 9.0%) |
| Median Home Value | $396,597 |
| Average Home Value | $451,674 |
Housing Distribution
Address Breakdown
Residential
23,810
Single Family
18,795
Multi-Family
5,015
Businesses
956
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Pulte Homes
Mls Name: Pulte
Mls Provider:
Mls ID: #N/A