Pickens Plan, Piper CreekNewtonNC28658
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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
Investment property for sale in Newton at Pickens Plan, Piper Creek, Newton, NC, 28658 at $365,000 posts ROI 29.52% with $969/mo cash flow from $3,193/mo rent. Total monthly income equals $3,193/mo, and annual cash flow records $11,628/yr on $120,998 to close. Return on cash invested measures 29.52% and rental yield reads 10.5% at the current $365,000. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,843 by year five. Five-year ROI prints 154.23% and total cumulative return in cash totals $186,619.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,193/mo property income rather than your personal income records (W2s, Paystubs, 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
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Listed by: N/A • Mungo Homes
Mls Name: Mungo Homes, Inc
Mls Provider:
Mls ID: #N/A