Richton Plan, RiverlightsWilmingtonNC28412
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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 Wilmington at Richton Plan, Riverlights, Wilmington, NC, 28412 generates $3,347/mo in rent and, after a $2,340/mo payment, leaves $433/mo in cash flow. Total monthly income is $3,347/mo, and annual cash flow is $5,201/yr on $158,454 invested. Return on cash invested sits at 23.19% in year one, and rental yield is 8.4% on a $477,990 entry. Equity gained on principal adds $3,084/yr, while 5% annual appreciation builds toward $132,060 over five years. Five-year ROI reaches 120.33% and total cumulative return in cash sums $190,666. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,347/mo property income rather than buyer’s personal income.
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
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Listed by: N/A • Pulte Homes
Mls Name: Pulte
Mls Provider:
Mls ID: #N/A