Floyd II Plan, Marion Heights, Kinston, NC, 28504 | $867/mo Cash Flow

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

Rental property for sale in Kinston at Floyd II Plan, Marion Heights, Kinston, NC, 28504 priced at $349,900 converts $3,000/mo rent into $867/mo cash flow after a $1,713/mo obligation. Total monthly income equals $3,000/mo, and annual cash flow totals $10,405/yr on $115,992 invested. Return on cash invested prints 28.88% in year one, and rental yield reads 10.29% against a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,671 by year five. Five-year ROI reaches 150.86% and total cumulative return in cash sums $174,990. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,000/mo property income covering a $1,713/mo payment, not borrower’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA