Cali Plan, Butterfield,Kinston,NC,28504

Investment Highlights

Rental property for sale in Kinston at Cali Plan, Butterfield, Kinston, NC, 28504 offers $2,200/mo rent that, after a $1,238/mo payment, leaves $658/mo cash flow. Total monthly income is $2,200/mo, and annual cash flow is $7,901/yr on $83,866 cash. Return on cash invested measures 29.33% in year one, and rental yield stands at 10.44% at a $252,990 entry. Equity gained on principal adds $1,633/yr while 5% annual appreciation compounds into $69,896 by year five. Five-year ROI records 153.27% and total cumulative return in cash reaches $128,545. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,200/mo property income versus a $1,238/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.