21 W D StNewtonNC28658
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Newton at 21 W D St, Newton, NC, 28658 earns $276/mo cash flow from $1,312/mo rent with a $832/mo payment. Total monthly income totals $1,312/mo, and annual cash flow totals $3,312/yr on $56,355 capital. ROI tracks 25.79% on current figures, and rental yield reads 9.26% at a $170,000 purchase. Equity gained on principal adds $1,097/yr, and 5% annual appreciation supports $46,968 over five years. Five-year ROI reaches 134.23% and total cumulative return in cash sums $75,645. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,312/mo property income instead of your personal income.
Single Family
Built in 1929
0.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28658, Newton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,999 (100%) |
| Owner Occupied HU | 7,720 (64.3%) |
| Renter Occupied HU | 3,346 (27.9%) |
| Vacant Housing Units | 933 ( 7.8%) |
| Median Home Value | $260,617 |
| Average Home Value | $327,980 |
Housing Distribution
Address Breakdown
Residential
11,049
Single Family
10,606
Multi-Family
443
Businesses
793
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leslie Betancourt • RU4 Real Estate, Inc.
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4293474