Webster II Plan, Grand ParkLelandNC28451
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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 Leland at Webster II Plan, Grand Park, Leland, NC, 28451 priced at $469,990 converts $4,048/mo rent into $1,184/mo cash flow after a $2,300/mo obligation. Total monthly income equals $4,048/mo, and annual cash flow totals $14,208/yr on $155,802 invested. Return on cash invested prints 29.03% in year one, and rental yield reads 10.34% against a $469,990 entry. Equity gained on principal adds $3,033/yr, while 5% annual appreciation compiles into $129,850 by year five. Five-year ROI reaches 151.64% and total cumulative return in cash sums $236,262. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,048/mo property income covering a $2,300/mo payment, not borrower’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28451, Leland, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,676 (100%) |
| Owner Occupied HU | 15,987 (67.5%) |
| Renter Occupied HU | 5,229 (22.1%) |
| Vacant Housing Units | 2,460 (10.4%) |
| Median Home Value | $376,128 |
| Average Home Value | $424,214 |
Housing Distribution
Address Breakdown
Residential
22,396
Single Family
21,355
Multi-Family
1,041
Businesses
874
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Listed by: N/A • Mungo Homes
Mls Name: Mungo Homes, Inc
Mls Provider:
Mls ID: #N/A