115 Grantham Place, New Bern, NC, 28560 | $378/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

Investment property for sale in New Bern at 115 Grantham Place, New Bern, NC, 28560 earns $378/mo cash flow from $2,572/mo rent with a $1,762/mo payment. Total monthly income totals $2,572/mo, and annual cash flow totals $4,536/yr on $119,340 capital. ROI tracks 23.71% on current figures, and rental yield reads 8.57% at a $360,000 purchase. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,461 over five years. Five-year ROI reaches 123.08% and total cumulative return in cash sums $146,889. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,572/mo property income instead of your personal income.

Single Family

Built in 2023

8,712 sqft lot

$N/A/sqft

No HOA