(Undisclosed Address)WilmingtonNC28403
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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 (Undisclosed Address), Wilmington, NC, 28403 offers $4,380/mo rent that, after a $3,377/mo payment, leaves $175/mo cash flow. Total monthly income is $4,380/mo, and annual cash flow is $2,100/yr on $227,007 cash. Return on cash invested measures 20.99% in year one, and rental yield stands at 7.62% at a $689,990 entry. Equity gained on principal adds $4,452/yr while 5% annual appreciation compounds into $190,632 by year five. Five-year ROI records 108.47% and total cumulative return in cash reaches $246,233. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,380/mo property income versus a $3,377/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
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