Robie Plan, The Falls at NewtonNewtonNC28658
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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 Newton at Robie Plan, The Falls at Newton, Newton, NC, 28658 priced at $350,990 converts $2,888/mo rent into $749/mo cash flow after a $1,718/mo obligation. Total monthly income equals $2,888/mo, and annual cash flow totals $8,986/yr on $116,353 invested. Return on cash invested prints 27.63% in year one, and rental yield reads 9.87% against a $350,990 entry. Equity gained on principal adds $2,265/yr, while 5% annual appreciation compiles into $96,972 by year five. Five-year ROI reaches 144.13% and total cumulative return in cash sums $167,701. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,888/mo property income covering a $1,718/mo payment, not borrower’s personal income.
Single Family
Built in 2025
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 • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A