605 River RoadTrent WoodsNC28562
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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 Trent Woods at 605 River Road, Trent Woods, NC, 28562 at $385,000 posts ROI 24.19% with $455/mo cash flow from $2,801/mo rent. Total monthly income equals $2,801/mo, and annual cash flow records $5,460/yr on $127,628 to close. Return on cash invested measures 24.19% and rental yield reads 8.73% at the current $385,000. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,368 by year five. Five-year ROI prints 125.65% and total cumulative return in cash totals $160,366.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,801/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1977
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28562, New Bern, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,840 (100%) |
| Owner Occupied HU | 12,545 (63.2%) |
| Renter Occupied HU | 5,417 (27.3%) |
| Vacant Housing Units | 1,878 ( 9.5%) |
| Median Home Value | $309,299 |
| Average Home Value | $328,109 |
Housing Distribution
Address Breakdown
Residential
19,736
Single Family
17,798
Multi-Family
1,938
Businesses
1,251
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Listed by: The DONNA AND TEAM NEW BERN • Keller Williams Realty
Mls Name: Hive MLS
Mls ID: #100538495