1704 Sunset Avenue,Kinston,NC,28504

Investment Highlights

Investment property for sale in Kinston at 1704 Sunset Avenue, Kinston, NC, 28504 listed at $379,900 pairs $3,636/mo rent with a $1,859/mo payment to leave $1,321/mo cash flow. Total monthly income runs $3,636/mo, and annual cash flow reaches $15,853/yr on $125,937 cash to close. Return on cash invested measures 32.5% in year one, and rental yield registers 11.49% at a $379,900 basis. Equity gained on principal adds $2,451/yr, and annual property appreciation at 5% supports $104,959 by year five. Five-year ROI tracks 170.24% and total cumulative return in cash totals $214,397. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,636/mo property income relative to a $1,859/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).