254 Sellhorn BoulevardNew BernNC28562
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 New Bern at 254 Sellhorn Boulevard, New Bern, NC, 28562 at $364,900 posts ROI 25.33% with $546/mo cash flow from $2,770/mo rent. Total monthly income equals $2,770/mo, and annual cash flow records $6,553/yr on $120,964 to close. Return on cash invested measures 25.33% and rental yield reads 9.11% at the current $364,900. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,815 by year five. Five-year ROI prints 131.8% and total cumulative return in cash totals $159,432.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,770/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2013
0.57 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: Candice Johnson • ReMax Real Estate Center
Mls Name: Hive MLS
Mls ID: #100526828