The Ryan 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
Investment property for sale in Newport at The Ryan Plan, Heritage Pointe, Newport, NC, 28570 uses $111,981 cash to close to unlock $6,608/yr annual cash flow and $551/mo monthly cash flow. Total monthly income runs $2,634/mo, and a $1,653/mo payment keeps the spread at $551/mo. Purchase price stands at $337,800, and rental yield measures 9.36% with $2,634/mo rent. Return on cash invested shows 25.81% in year one, and 5% annual appreciation builds toward $93,328 over five years. Five-year ROI reaches 134.47% and total cumulative return in cash records $150,576. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,634/mo property income covering a $1,653/mo payment rather than investor’s personal income.
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