Penwell Plan, The Falls at NewtonNewtonNC28658
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Newton at Penwell Plan, The Falls at Newton, Newton, NC, 28658 offers a 9.61% rental yield on a $338,990 purchase with $2,716/mo rent. Total monthly income registers $2,716/mo, and a $1,659/mo payment leaves $650/mo available for distribution. Annual cash flow reaches $7,803/yr on $112,375 to close, and return on cash invested stands at 26.85% in year one. Equity gained on principal adds $2,187/yr while 5% annual appreciation supports $93,657 over five years. Portfolio math shows five-year ROI at 139.97% and total cumulative return in cash at $157,297. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,716/mo property income against a $1,659/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28658, Newton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,999 (100%) |
| Owner Occupied HU | 7,720 (64.3%) |
| Renter Occupied HU | 3,346 (27.9%) |
| Vacant Housing Units | 933 ( 7.8%) |
| Median Home Value | $260,617 |
| Average Home Value | $327,980 |
Housing Distribution
Address Breakdown
Residential
11,049
Single Family
10,606
Multi-Family
443
Businesses
793
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A