1907 Essex Street, Kinston, NC, 28504 | $421/mo Cash Flow

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

Investment property for sale in Kinston at 1907 Essex Street, Kinston, NC, 28504 earns $421/mo cash flow from $2,603/mo rent with a $1,752/mo payment. Total monthly income totals $2,603/mo, and annual cash flow totals $5,057/yr on $118,677 capital. ROI tracks 24.17% on current figures, and rental yield reads 8.73% at a $358,000 purchase. Equity gained on principal adds $2,310/yr, and 5% annual appreciation supports $98,909 over five years. Five-year ROI reaches 125.58% and total cumulative return in cash sums $149,034. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,603/mo property income instead of your personal income.

Single Family

Built in 1967

0.46 Acres lot

$N/A/sqft

No HOA