Newton · Newton, NC
241 S Ervin Avenue
Newton, NC
$55,000
- 2Beds
- 1Baths
- 0SqFt
- 1916Year
- 1Days on market
About this home
Investor opportunity in Newton. Existing structure is in very poor condition and will require a full rebuild or possible tear down, subject to buyer verification. Property has no flooring in areas, decayed walls, and unsafe interior conditions. Extreme caution required. Property is being sold as is.
Property details
- Beds
- 2
- Baths
- 1
- SqFt
- 0
- Lot
- —
- Year built
- 1916
- Type
- Single Family
- Days on market
- 1
- Heating
- None
- Cooling
- None
- Foundation
- Crawl Space
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$404/ month
- Principal & interest
- $340
- Property tax (~1.05%)
- $48
- Homeowners insurance
- $16
- HOA dues
- —
Down payment
$2,750 down · $52,250 financed
Income to qualify (28% rule)
~$17,348 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.