8248 Highway 70, Newport, NC 28570

2 bd · 1 ba · 960 sqft · built 1952 · Newport · SINGLE_FAMILY·source listing ↗

$199,000

rent, three ways

OnePercent model (vv1)$1,604/mo

p10–p90 confidence band

HUD Fair Market Rent · 28570 · 2BR$1,130/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Carteret

Flood risk indexVery High FEMA NRI

Median household income$70,229

Median area rent$988/mo

Median home value$260,000

the verdict

0.81%vs 1.0% target

wide confidence band

financing: 20% down · — (FRED, live) · 30yr

$199,000

0.81% · rent $1,604

Intrinsic value · income approach

$294,114

32% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.