107 Fawn View CourtNewportNC28570
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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
Investment property for sale in Newport at 107 Fawn View Court, Newport, NC, 28570 with 5% annual appreciation on a $315,000 basis while $2,612/mo rent supports operations. Total monthly income totals $2,612/mo and a $1,542/mo payment preserves $692/mo for cash returns. Annual cash flow comes to $8,304/yr on $104,423 deployed, and return on cash invested reaches 27.86% in year one. Equity gained on principal adds $2,033/yr, and five-year appreciation sums $87,029 alongside rental yield of 9.95%. Five-year ROI measures 145.34% and total cumulative return in cash totals $151,769.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,612/mo property income versus a $1,542/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1995
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28570, Newport, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,317 (100%) |
| Owner Occupied HU | 7,124 (57.8%) |
| Renter Occupied HU | 2,307 (18.7%) |
| Vacant Housing Units | 2,886 (23.4%) |
| Median Home Value | $324,479 |
| Average Home Value | $381,142 |
Housing Distribution
Address Breakdown
Residential
10,355
Single Family
9,594
Multi-Family
761
Businesses
433
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Listed by: Adam Corey • Keller Williams Realty Points East
Mls Name: Hive MLS
Mls ID: #100538260