108 Jordan DriveNew BernNC28562
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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 New Bern at 108 Jordan Drive, New Bern, NC, 28562 listed at $319,900 pairs $2,348/mo rent with a $1,566/mo payment to leave $398/mo cash flow. Total monthly income runs $2,348/mo, and annual cash flow reaches $4,777/yr on $106,047 cash to close. Return on cash invested measures 24.41% in year one, and rental yield registers 8.81% at a $319,900 basis. Equity gained on principal adds $2,064/yr, and annual property appreciation at 5% supports $88,382 by year five. Five-year ROI tracks 126.9% and total cumulative return in cash totals $134,576. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,348/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2007
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28562, New Bern, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,840 (100%) |
| Owner Occupied HU | 12,545 (63.2%) |
| Renter Occupied HU | 5,417 (27.3%) |
| Vacant Housing Units | 1,878 ( 9.5%) |
| Median Home Value | $309,299 |
| Average Home Value | $328,109 |
Housing Distribution
Address Breakdown
Residential
19,736
Single Family
17,798
Multi-Family
1,938
Businesses
1,251
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Listed by: Danielle Eason • Realty ONE Group East
Mls Name: Hive MLS
Mls ID: #100535629