Willowbrook Plan, Riverside CoveWilmingtonNC28401
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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 Willowbrook Plan, Riverside Cove, Wilmington, NC, 28401 offers $3,966/mo rent that, after a $2,192/mo payment, leaves $1,237/mo cash flow. Total monthly income is $3,966/mo, and annual cash flow is $14,838/yr on $148,479 cash. Return on cash invested measures 29.9% in year one, and rental yield stands at 10.63% at a $447,900 entry. Equity gained on principal adds $2,890/yr while 5% annual appreciation compounds into $123,747 by year five. Five-year ROI records 156.31% and total cumulative return in cash reaches $232,086. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,966/mo property income versus a $2,192/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28401, Wilmington, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,193 (100%) |
| Owner Occupied HU | 4,617 (32.5%) |
| Renter Occupied HU | 7,604 (53.6%) |
| Vacant Housing Units | 1,972 (13.9%) |
| Median Home Value | $339,503 |
| Average Home Value | $385,916 |
Housing Distribution
Address Breakdown
Residential
13,488
Single Family
10,693
Multi-Family
2,795
Businesses
2,213
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Listed by: N/A • Bill Clark Homes
Mls Name: Bill Clark Homes
Mls ID: #N/A