531 Eagle RoadNewportNC28570
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 Newport at 531 Eagle Road, Newport, NC, 28570 earns from $3,221/mo rent with a $3,255/mo payment. Total monthly income totals $3,221/mo. ROI tracks 15.5% on current figures, and rental yield reads 5.81% at a $665,000 purchase. Equity gained on principal adds $4,291/yr, and 5% annual appreciation supports $183,727 over five years. Five-year ROI reaches 79.01% and total cumulative return in cash sums $172,867. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,221/mo property income instead of your personal income.
Single Family
Built in 1999
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28570, Newport, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,317 (100%) |
| Owner Occupied HU | 7,124 (57.8%) |
| Renter Occupied HU | 2,307 (18.7%) |
| Vacant Housing Units | 2,886 (23.4%) |
| Median Home Value | $324,479 |
| Average Home Value | $381,142 |
Housing Distribution
Address Breakdown
Residential
10,355
Single Family
9,594
Multi-Family
761
Businesses
433
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robin Hope Medlin • John Vesco Inc.
Mls Name: Hive MLS
Mls ID: #100543352