1115 Sandhurst Dr #9NewtonNC28658
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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 Newton at 1115 Sandhurst Dr #9, Newton, NC, 28658 earns $870/mo cash flow from $2,266/mo rent with a $1,121/mo payment. Total monthly income totals $2,266/mo, and annual cash flow totals $10,442/yr on $75,914 capital. ROI tracks 33.66% on current figures, and rental yield reads 11.87% at a $229,000 purchase. Equity gained on principal adds $1,478/yr, and 5% annual appreciation supports $63,268 over five years. Five-year ROI reaches 176.51% and total cumulative return in cash sums $133,997. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,266/mo property income instead of your personal income.
Single Family
Built in 1978
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28658, Newton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,999 (100%) |
| Owner Occupied HU | 7,720 (64.3%) |
| Renter Occupied HU | 3,346 (27.9%) |
| Vacant Housing Units | 933 ( 7.8%) |
| Median Home Value | $260,617 |
| Average Home Value | $327,980 |
Housing Distribution
Address Breakdown
Residential
11,049
Single Family
10,606
Multi-Family
443
Businesses
793
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Listed by: Jade Benfield • Properties by Jade Benfield
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4326394