25 Duke LnNewton GroveNC28366
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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 Newton Grove at 25 Duke Ln, Newton Grove, NC, 28366 priced at $235,000 converts $1,294/mo rent into after a $1,150/mo obligation. Total monthly income equals $1,294/mo. Return on cash invested prints 17.78% in year one, and rental yield reads 6.61% against a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,926 by year five. Five-year ROI reaches 91.3% and total cumulative return in cash sums $71,128. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,294/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Manufactured
Built in 1999
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28366, Newton Grove, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,965 (100%) |
| Owner Occupied HU | 1,247 (63.5%) |
| Renter Occupied HU | 472 (24.0%) |
| Vacant Housing Units | 246 (12.5%) |
| Median Home Value | $160,846 |
| Average Home Value | $211,959 |
Housing Distribution
Address Breakdown
Residential
2,096
Single Family
2,096
Multi-Family
0
Businesses
157
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Listed by: Belinda Castillo • Navigate Realty
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10113263
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.