WILMINGTON Plan, Ridgewood FarmsWintervilleNC28590
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Winterville at WILMINGTON Plan, Ridgewood Farms, Winterville, NC, 28590 earns $749/mo cash flow from $2,918/mo rent with a $1,742/mo payment. Total monthly income totals $2,918/mo, and annual cash flow totals $8,986/yr on $118,011 capital. ROI tracks 27.52% on current figures, and rental yield reads 9.84% at a $355,990 purchase. Equity gained on principal adds $2,297/yr, and 5% annual appreciation supports $98,353 over five years. Five-year ROI reaches 143.54% and total cumulative return in cash sums $169,390. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,918/mo property income instead of your personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28590, Winterville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,139 (100%) |
| Owner Occupied HU | 8,173 (67.3%) |
| Renter Occupied HU | 3,263 (26.9%) |
| Vacant Housing Units | 703 ( 5.8%) |
| Median Home Value | $279,164 |
| Average Home Value | $290,228 |
Housing Distribution
Address Breakdown
Residential
12,254
Single Family
11,249
Multi-Family
1,005
Businesses
674
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A