1612 Colonial WayNew BernNC28560
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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 1612 Colonial Way, New Bern, NC, 28560 earns $622/mo cash flow from $1,780/mo rent with a $930/mo payment. Total monthly income totals $1,780/mo, and annual cash flow totals $7,464/yr on $62,985 capital. ROI tracks 31.76% on current figures, and rental yield reads 11.24% at a $190,000 purchase. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 over five years. Five-year ROI reaches 166.27% and total cumulative return in cash sums $104,724. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,780/mo property income instead of your personal income.
Single Family
Built in 1945
9,147 sqft lot
$N/A/sqft
No HOA
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Listed by: CASSANDRA DIGBY • Keller Williams Realty
Mls Name: Hive MLS
Mls ID: #100551311