Wescott Plan, CarringtonDenverNC28037
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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 Denver at Wescott Plan, Carrington, Denver, NC, 28037 with 5% annual appreciation on a $467,500 basis while $2,850/mo rent supports operations. Total monthly income totals $2,850/mo and a $2,288/mo payment preserves $1/mo for cash returns. Annual cash flow comes to $12/yr on $154,976 deployed, and return on cash invested reaches 19.92% in year one. Equity gained on principal adds $3,017/yr, and five-year appreciation sums $129,162 alongside rental yield of 7.32%. Five-year ROI measures 102.75% and total cumulative return in cash totals $159,232.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,850/mo property income versus a $2,288/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28037, Denver, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,589 (100%) |
| Owner Occupied HU | 10,428 (76.7%) |
| Renter Occupied HU | 2,019 (14.9%) |
| Vacant Housing Units | 1,142 ( 8.4%) |
| Median Home Value | $470,635 |
| Average Home Value | $547,465 |
Housing Distribution
Address Breakdown
Residential
13,309
Single Family
12,670
Multi-Family
639
Businesses
1,164
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Listed by: Kristina, Kyle, Amanda, Tara, Caity, and Leslie Ch • Eastwood Homes
Mls Name: Eastwood Homes
Mls Provider:
Mls ID: #N/A