2501 Steeple Chase DriveTrent WoodsNC28562
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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 Trent Woods at 2501 Steeple Chase Drive, Trent Woods, NC, 28562 earns $357/mo cash flow from $2,484/mo rent with a $1,708/mo payment. Total monthly income totals $2,484/mo, and annual cash flow totals $4,286/yr on $115,694 capital. ROI tracks 23.61% on current figures, and rental yield reads 8.54% at a $349,000 purchase. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 over five years. Five-year ROI reaches 122.61% and total cumulative return in cash sums $141,852. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,484/mo property income instead of your personal income.
Single Family
Built in 1972
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28562, New Bern, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,840 (100%) |
| Owner Occupied HU | 12,545 (63.2%) |
| Renter Occupied HU | 5,417 (27.3%) |
| Vacant Housing Units | 1,878 ( 9.5%) |
| Median Home Value | $309,299 |
| Average Home Value | $328,109 |
Housing Distribution
Address Breakdown
Residential
19,736
Single Family
17,798
Multi-Family
1,938
Businesses
1,251
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Listed by: LYNNE DAVENPORT • CENTURY 21 ZAYTOUN RAINES
Mls Name: Hive MLS
Mls ID: #100544613