1813 Park AvenueNew 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 1813 Park Avenue, New Bern, NC, 28560 at $304,888 posts ROI 19.84% with from $1,852/mo rent. Total monthly income equals $1,852/mo. Return on cash invested measures 19.84% and rental yield reads 7.29% at the current $304,888. Equity gained on principal adds $1,967/yr, and 5% annual appreciation supports $84,235 by year five. Five-year ROI prints 102.38% and total cumulative return in cash totals $103,474. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,852/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1989
10,454 sqft lot
$N/A/sqft
No HOA
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Listed by: Jose Raul Leon De La Paz • Realty One Group Affinity
Mls Name: Hive MLS
Mls Provider:
Mls ID: #100467891
Disclaimer: The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 2024-10-17 08:18:46 PDT. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 2024-10-17 08:18:46 PDT Hive MLS