Hickory Plan, Bluewater RiseNew BernNC28562
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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
Investment Highlights
Rental property for sale in New Bern at Hickory Plan, Bluewater Rise, New Bern, NC, 28562 priced at $401,000 converts $2,160/mo rent into after a $1,963/mo obligation. Total monthly income equals $2,160/mo. Return on cash invested prints 15.21% in year one, and rental yield reads 6.46% against a $401,000 entry. Equity gained on principal adds $2,588/yr, while 5% annual appreciation compiles into $110,789 by year five. Five-year ROI reaches 78.32% and total cumulative return in cash sums $104,106. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,160/mo property income covering a $1,963/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$236 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28562, New Bern, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,840 (100%) |
| Owner Occupied HU | 12,545 (63.2%) |
| Renter Occupied HU | 5,417 (27.3%) |
| Vacant Housing Units | 1,878 ( 9.5%) |
| Median Home Value | $309,299 |
| Average Home Value | $328,109 |
Housing Distribution
Address Breakdown
Residential
19,736
Single Family
17,798
Multi-Family
1,938
Businesses
1,251
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Listed by: N/A • Home Team Elite
Mls Name: Home Team Elite
Mls Provider:
Mls ID: #N/A