106 Heckathorne Drive, New Bern, NC, 28560 | $557/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in New Bern at 106 Heckathorne Drive, New Bern, NC, 28560 offers $2,294/mo rent that, after a $1,395/mo payment, leaves $557/mo cash flow. Total monthly income is $2,294/mo, and annual cash flow is $6,684/yr on $94,478 cash. Return on cash invested measures 26.98% in year one, and rental yield stands at 9.66% at a $285,000 entry. Equity gained on principal adds $1,839/yr while 5% annual appreciation compounds into $78,740 by year five. Five-year ROI records 140.62% and total cumulative return in cash reaches $132,858. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,294/mo property income versus a $1,395/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2020

6,534 sqft lot

$N/A/sqft

No HOA