913 Bern StreetNew BernNC28560
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 913 Bern Street, New Bern, NC, 28560 in New Bern. Priced at $195,000, it generates $1,983/mo in gross rent and $795/mo in net monthly cash flow, a 12.2% yield that comfortably supports the 2.26 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $9,535. Five-year appreciation: $53,875. Equity from principal paydown: $1,796/yr. Total projected cumulative return: $124,981.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 12.2% | 6.2% |
| Monthly Cash Flow | $795 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,983 |
| Total Monthly Debt Service | $1,111 |
| DSCR Ratio | 1.79x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1953
0.28 Acres lot
$N/A/sqft
No HOA
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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
Single Family
Built in 1953
0.28 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: MARGIE DUNN • PRIME REALTY NC, LLC
Mls Name: Hive MLS
Mls ID: #100521588