51 Crestview LnNewton GroveNC28366
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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 Newton Grove at 51 Crestview Ln, Newton Grove, NC, 28366 listed at $218,000 pairs $1,416/mo rent with a $1,067/mo payment to leave $87/mo cash flow. Total monthly income runs $1,416/mo, and annual cash flow reaches $1,049/yr on $72,267 cash to close. Return on cash invested measures 21.36% in year one, and rental yield registers 7.79% at a $218,000 basis. Equity gained on principal adds $1,407/yr, and annual property appreciation at 5% supports $60,229 by year five. Five-year ROI tracks 110.55% and total cumulative return in cash totals $79,891. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,416/mo property income relative to a $1,067/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2005
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28366, Newton Grove, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,965 (100%) |
| Owner Occupied HU | 1,247 (63.5%) |
| Renter Occupied HU | 472 (24.0%) |
| Vacant Housing Units | 246 (12.5%) |
| Median Home Value | $160,846 |
| Average Home Value | $211,959 |
Housing Distribution
Address Breakdown
Residential
2,096
Single Family
2,096
Multi-Family
0
Businesses
157
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Listed by: Jolee Nicholson • ML Sullivan Property Management
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10124654
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.