110 Westwood CourtNew 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 110 Westwood Court, New Bern, NC, 28562 with 5% annual appreciation on a $240,000 basis while $2,188/mo rent supports operations. Total monthly income totals $2,188/mo and a $1,175/mo payment preserves $725/mo for cash returns. Annual cash flow comes to $8,700/yr on $79,560 deployed, and return on cash invested reaches 30.84% in year one. Equity gained on principal adds $1,549/yr, and five-year appreciation sums $66,308 alongside rental yield of 10.94%. Five-year ROI measures 161.36% and total cumulative return in cash totals $128,378.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,188/mo property income versus a $1,175/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2009
6,969 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: B & B Coastal Properties Team • Keller Williams Crystal Coast
Mls Name: Hive MLS
Mls ID: #100545364