326 River Walk, New Bern, NC, 28560 | $11/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in New Bern at 326 River Walk, New Bern, NC, 28560 offers $1,138/mo rent that, after a $905/mo payment, leaves $11/mo cash flow. Total monthly income is $1,138/mo, and annual cash flow is $133/yr on $61,294 cash. Return on cash invested measures 20.13% in year one, and rental yield stands at 7.39% at a $184,900 entry. Equity gained on principal adds $1,193/yr while 5% annual appreciation compounds into $51,084 by year five. Five-year ROI records 103.97% and total cumulative return in cash reaches $63,727. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,138/mo property income versus a $905/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Condo

Built in 1982

N/A lot

$N/A/sqft

No HOA