1601 Cambridge Drive, Kinston, NC, 28504 | 7.21% Rental Yield

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

Rental property for sale in Kinston at 1601 Cambridge Drive, Kinston, NC, 28504 generates $2,916/mo in rent, after a $2,374/mo payment. Total monthly income is $2,916/mo. Return on cash invested sits at 19.61% in year one, and rental yield is 7.21% on a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 101.11% and total cumulative return in cash sums $162,554. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,916/mo property income rather than buyer’s personal income.

Single Family

Built in 1973

1.05 Acres lot

$N/A/sqft

No HOA