TA1600 Plan, The Glenns IIWingateNC28174
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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 Wingate at TA1600 Plan, The Glenns II, Wingate, NC, 28174 priced at $308,900 pairs $2,414/mo rent with $531/mo cash flow after a $1,512/mo payment. Total monthly income equals $2,414/mo, and annual cash flow comes to $6,376/yr on $102,400 invested. Return on cash invested is 26.14% in year one, and rental yield stands at 9.38% on a $308,900 basis. Equity gained on principal adds $1,993/yr, and 5% annual appreciation accumulates to $85,343 by year five. Five-year ROI measures 136.12% and total cumulative return in cash reaches $139,390. For financing, Ziffy Mortgage’s DSCR program evaluates $2,414/mo property income against a $1,512/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28174, Wingate, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,908 (100%) |
| Owner Occupied HU | 1,978 (68.0%) |
| Renter Occupied HU | 760 (26.1%) |
| Vacant Housing Units | 170 ( 5.8%) |
| Median Home Value | $335,447 |
| Average Home Value | $407,078 |
Housing Distribution
Address Breakdown
Residential
2,605
Single Family
2,538
Multi-Family
67
Businesses
133
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Listed by: N/A • True Homes
Mls Name: True Homes
Mls Provider:
Mls ID: #N/A