2710 Fairfax RoadKinstonNC28504
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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 Kinston at 2710 Fairfax Road, Kinston, NC, 28504 at $242,500 posts ROI 29.49% with $642/mo cash flow from $2,130/mo rent. Total monthly income equals $2,130/mo, and annual cash flow records $7,703/yr on $80,389 to close. Return on cash invested measures 29.49% and rental yield reads 10.54% at the current $242,500. Equity gained on principal adds $1,565/yr, and 5% annual appreciation supports $66,998 by year five. Five-year ROI prints 154.16% and total cumulative return in cash totals $123,931.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,130/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1995
0.49 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Arnold Jones II • Berkshire Hathaway Home Services McMillen & Associates Realty
Mls Name: Hive MLS
Mls Provider:
Mls ID: #100432224
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 2024-10-17 08:18:46 PDT. 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. 2024-10-17 08:18:46 PDT Hive MLS