The Bainbridge Plan, Fairfield Harbour,New Bern,NC,28560

Investment Highlights

Rental property for sale in New Bern at The Bainbridge Plan, Fairfield Harbour, New Bern, NC, 28560 offers $2,100/mo rent that, after a $1,957/mo payment. Total monthly income is $2,100/mo. Return on cash invested measures 15.81% in year one, and rental yield stands at 6.3% at a $399,900 entry. Equity gained on principal adds $2,580/yr while 5% annual appreciation compounds into $110,485 by year five. Five-year ROI records 81.15% and total cumulative return in cash reaches $107,576. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,100/mo property income versus a $1,957/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.