(Undisclosed Address)WilmingtonNC28403
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: (Undisclosed Address), Wilmington, NC, 28403 in Wilmington at $689,990 earns $4,380/mo in rent and nets $175/mo after the $3,103/mo payment, a 7.62% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $190,632 over five years. Ziffy Mortgage underwrites this on a 1.41 DSCR without U.S. credit history. With $6,355/yr in principal paydown, total projected return reaches $272,619.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 5.8% |
| Monthly Cash Flow | $175 | $1,850 |
City averages based on Wilmington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,380 |
| Total Monthly Debt Service | $3,931 |
| DSCR Ratio | 1.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1917
0.41 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
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
Multi Family
Built in 1917
0.41 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Gillespie Group • Carolina One Properties Inc.
Mls Name: Hive MLS
Mls ID: #100546999