6104 Cardinal Dr, New Bern, NC, 28560 | 3.53% Rental Yield

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

Investment property for sale in New Bern at 6104 Cardinal Dr, New Bern, NC, 28560 offers a 3.53% rental yield on a $539,000 purchase with $1,584/mo rent. 55% in year one. Equity gained on principal adds $3,478/yr while 5% annual appreciation supports $148,916 over five years. Portfolio math shows five-year ROI at 41.79% and total cumulative return in cash at $74,112. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,584/mo property income against a $2,638/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Multi Family

Built in 1975

3,000 sqft lot

$N/A/sqft

No HOA