The Pamlico Plan, Heritage PointeNewportNC28570
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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 Newport at The Pamlico Plan, Heritage Pointe, Newport, NC, 28570 priced at $359,500 pairs $2,996/mo rent with $780/mo cash flow after a $1,760/mo payment. Total monthly income equals $2,996/mo, and annual cash flow comes to $9,355/yr on $119,174 invested. Return on cash invested is 27.76% in year one, and rental yield stands at 10% on a $359,500 basis. Equity gained on principal adds $2,320/yr, and 5% annual appreciation accumulates to $99,323 by year five. Five-year ROI measures 144.91% and total cumulative return in cash reaches $172,700. For financing, Ziffy Mortgage’s DSCR program evaluates $2,996/mo property income against a $1,760/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$25 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28570, Newport, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,317 (100%) |
| Owner Occupied HU | 7,124 (57.8%) |
| Renter Occupied HU | 2,307 (18.7%) |
| Vacant Housing Units | 2,886 (23.4%) |
| Median Home Value | $324,479 |
| Average Home Value | $381,142 |
Housing Distribution
Address Breakdown
Residential
10,355
Single Family
9,594
Multi-Family
761
Businesses
433
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Listed by: N/A • JC Jackson Homes, LLC
Mls Name: JC Jackson Homes, LLC
Mls ID: #N/A