102 Sky Sail BoulevardNew BernNC28560
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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 New Bern at 102 Sky Sail Boulevard, New Bern, NC, 28560 priced at $680,000 converts $1,969/mo rent into after a $3,328/mo obligation. Total monthly income equals $1,969/mo. Return on cash invested prints 8.39% in year one, and rental yield reads 3.47% against a $680,000 entry. Equity gained on principal adds $4,388/yr, while 5% annual appreciation compiles into $187,871 by year five. Five-year ROI reaches 40.92% and total cumulative return in cash sums $91,548. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,969/mo property income covering a $3,328/mo payment, not borrower’s personal income.
Condo
Built in 2008
1,742 sqft lot
$N/A/sqft
No HOA
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Listed by: MARY MCLEOD • COLDWELL BANKER SEA COAST ADVANTAGE
Mls Name: Hive MLS
Mls ID: #100543809