Winston Plan, TerrapinLelandNC28451
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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 Winston Plan, Terrapin, Leland, NC, 28451 offers $2,514/mo rent that, after a $2,046/mo payment. Total monthly income is $2,514/mo. Return on cash invested measures 19.62% in year one, and rental yield stands at 7.22% at a $417,990 entry. Equity gained on principal adds $2,697/yr while 5% annual appreciation compounds into $115,483 by year five. Five-year ROI records 101.17% and total cumulative return in cash reaches $140,184. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,514/mo property income versus a $2,046/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: 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 • McKee Homes
Mls Name: McKee Homes
Mls Provider:
Mls ID: #N/A