402 New River DriveJacksonvilleNC28540








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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 Jacksonville at 402 New River Drive, Jacksonville, NC, 28540 at $229,000 posts ROI 19.39% with from $1,363/mo rent. Total monthly income equals $1,363/mo. Return on cash invested measures 19.39% and rental yield reads 7.14% at the current $229,000. Equity gained on principal adds $1,478/yr, and 5% annual appreciation supports $63,268 by year five. Five-year ROI prints 99.99% and total cumulative return in cash totals $75,905. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,363/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1952
10,454 sqft lot
$N/A/sqft
No HOA
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Listed by: Holly Griffith • Coldwell Banker Sea Coast Advantage-Hampstead
Mls Name: Hive MLS
Mls ID: #100543298






