857 Pasteur Street, New Bern, NC, 28560 | $368/mo Cash Flow

For Sale

Fix & Flip

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

Rental property for sale in New Bern at 857 Pasteur Street, New Bern, NC, 28560 generates $1,526/mo in rent and, after a $930/mo payment, leaves $368/mo in cash flow. Total monthly income is $1,526/mo, and annual cash flow is $4,416/yr on $62,985 invested. Return on cash invested sits at 26.92% in year one, and rental yield is 9.64% on a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 140.3% and total cumulative return in cash sums $88,368. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,526/mo property income rather than buyer’s personal income.

Single Family

Built in 1920

5,662 sqft lot

$N/A/sqft

No HOA