16 Emily CtNewton GroveNC28366
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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 Grove at 16 Emily Ct, Newton Grove, NC, 28366 with 5% annual appreciation on a $220,000 basis while $1,432/mo rent supports operations. Total monthly income totals $1,432/mo and a $1,077/mo payment preserves $91/mo for cash returns. Annual cash flow comes to $1,092/yr on $72,930 deployed, and return on cash invested reaches 21.41% in year one. Equity gained on principal adds $1,420/yr, and five-year appreciation sums $60,782 alongside rental yield of 7.81%. Five-year ROI measures 110.74% and total cumulative return in cash totals $80,759.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,432/mo property income versus a $1,077/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2012
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28366, Newton Grove, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,965 (100%) |
| Owner Occupied HU | 1,247 (63.5%) |
| Renter Occupied HU | 472 (24.0%) |
| Vacant Housing Units | 246 (12.5%) |
| Median Home Value | $160,846 |
| Average Home Value | $211,959 |
Housing Distribution
Address Breakdown
Residential
2,096
Single Family
2,096
Multi-Family
0
Businesses
157
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Listed by: Tiffany Williamson • Navigate Realty
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10108944
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.