207 Sequoia DrNewportNC28570
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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
Rental property for sale in Newport at 207 Sequoia Dr, Newport, NC, 28570 priced at $118,000 pairs $905/mo rent with $185/mo cash flow after a $578/mo payment. Total monthly income equals $905/mo, and annual cash flow comes to $2,225/yr on $39,117 invested. Return on cash invested is 25.6% in year one, and rental yield stands at 9.2% on a $118,000 basis. Equity gained on principal adds $761/yr, and 5% annual appreciation accumulates to $32,601 by year five. Five-year ROI measures 133.3% and total cumulative return in cash reaches $52,143. For financing, Ziffy Mortgage’s DSCR program evaluates $905/mo property income against a $578/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2020
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28570, Newport, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,317 (100%) |
| Owner Occupied HU | 7,124 (57.8%) |
| Renter Occupied HU | 2,307 (18.7%) |
| Vacant Housing Units | 2,886 (23.4%) |
| Median Home Value | $324,479 |
| Average Home Value | $381,142 |
Housing Distribution
Address Breakdown
Residential
10,355
Single Family
9,594
Multi-Family
761
Businesses
433
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Listed by: N/A • N/A
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