2048 Towncrier Dr, Kinston, NC, 28504 | $110/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

Rental property for sale in Kinston at 2048 Towncrier Dr, Kinston, NC, 28504 priced at $197,900 pairs $1,316/mo rent with $110/mo cash flow after a $969/mo payment. Total monthly income equals $1,316/mo, and annual cash flow comes to $1,314/yr on $65,604 invested. Return on cash invested is 21.91% in year one, and rental yield stands at 7.98% on a $197,900 basis. Equity gained on principal adds $1,277/yr, and 5% annual appreciation accumulates to $54,676 by year five. Five-year ROI measures 113.49% and total cumulative return in cash reaches $74,457. For financing, Ziffy Mortgage’s DSCR program evaluates $1,316/mo property income against a $969/mo payment instead of your W2s, 1099s, or Tax returns.

Manufactured

Built in 1998

0.44 Acres lot

$N/A/sqft

No HOA