211 Mahaffey Court, New Bern, NC, 28560 | $624/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 New Bern at 211 Mahaffey Court, New Bern, NC, 28560 priced at $311,000 converts $2,519/mo rent into $624/mo cash flow after a $1,522/mo obligation. Total monthly income equals $2,519/mo, and annual cash flow totals $7,486/yr on $103,097 invested. Return on cash invested prints 27.17% in year one, and rental yield reads 9.72% against a $311,000 entry. Equity gained on principal adds $2,007/yr, while 5% annual appreciation compiles into $85,924 by year five. Five-year ROI reaches 141.65% and total cumulative return in cash sums $146,037. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,519/mo property income covering a $1,522/mo payment, not borrower’s personal income.

Single Family

Built in 1993

9,147 sqft lot

$N/A/sqft

No HOA