211 Snead RoadNew BernNC28560
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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
Investment property for sale in New Bern at 211 Snead Road, New Bern, NC, 28560 at $279,900 posts ROI 28.08% with $632/mo cash flow from $2,338/mo rent. Total monthly income equals $2,338/mo, and annual cash flow records $7,585/yr on $92,787 to close. Return on cash invested measures 28.08% and rental yield reads 10.02% at the current $279,900. Equity gained on principal adds $1,806/yr, and 5% annual appreciation supports $77,331 by year five. Five-year ROI prints 146.61% and total cumulative return in cash totals $136,033.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,338/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1975
0.46 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Sheri Murillo • Realty Shop & Property Management
Mls Name: Hive MLS
Mls Provider:
Mls ID: #100490036
Disclaimer: The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 2025-02-22 21:37:11 PST. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 2025-02-22 21:37:11 PST Hive MLS