St. George Plan, Heritage at ParamoreWintervilleNC28590
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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 St. George Plan, Heritage at Paramore, Winterville, NC, 28590 offers $2,922/mo rent that, after a $2,413/mo payment. Total monthly income is $2,922/mo. Return on cash invested measures 19.3% in year one, and rental yield stands at 7.11% at a $493,100 entry. Equity gained on principal adds $3,182/yr while 5% annual appreciation compounds into $136,234 by year five. Five-year ROI records 99.47% and total cumulative return in cash reaches $162,601. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,922/mo property income versus a $2,413/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
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: Pat Palumbo • Bill Clark Homes
Mls Name: Bill Clark Homes
Mls ID: #N/A