Wayfare Plan, River LakeSupplyNC28462
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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
Investment property for sale in Supply at Wayfare Plan, River Lake, Supply, NC, 28462 uses $113,701 cash to close to unlock $12,797/yr annual cash flow and $1,066/mo monthly cash flow. Total monthly income runs $3,157/mo, and a $1,679/mo payment keeps the spread at $1,066/mo. Purchase price stands at $342,990, and rental yield measures 11.05% with $3,157/mo rent. Return on cash invested shows 31.16% in year one, and 5% annual appreciation builds toward $94,762 over five years. Five-year ROI reaches 163.09% and total cumulative return in cash records $185,433. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,157/mo property income covering a $1,679/mo payment rather than investor’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28462, Supply, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,489 (100%) |
| Owner Occupied HU | 5,220 (41.8%) |
| Renter Occupied HU | 1,286 (10.3%) |
| Vacant Housing Units | 5,983 (47.9%) |
| Median Home Value | $313,882 |
| Average Home Value | $390,268 |
Housing Distribution
Address Breakdown
Residential
8,202
Single Family
8,194
Multi-Family
8
Businesses
381
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Listed by: N/A • Dream Finders Homes
Mls Name: Dream Finders Homes
Mls Provider:
Mls ID: #N/A