1494 Carpenter St Newton, NC 28658

Rent-to-Own Opportunity! This spacious 4-bedroom, 2-bathroom home offers approximately 1,978 sq ft of living space, featuring a large living room and dining room, a functional kitchen layout, and 4 good-sized bedrooms. The property includes a 2-car attached garage plus driveway parking, a laundry hookup, and a private backyard set on a spacious lot in a quiet, family-friendly neighborhood.

This is a Lease with Option to Buy, designed for renters who are ready to work toward homeownership. Monthly payment is $1,650. The $1,650 option deposit is not a standard security deposit — it is credited directly toward the purchase price when you exercise your option to buy. The purchase price is locked in at the time of the agreement, and you'll have 3 years to exercise your option, with the ability to extend up to 2 additional years for $10,000.

This program is ideal for those working to improve credit, build employment history, save toward a larger down payment, or season self-employment income — all while building equity in a home you can call your own.

Requirements: verifiable monthly income (2.5x the monthly payment), credit score above 600, and no evictions within the last 2 years. First month's payment plus the option deposit are due at signing.

Special: Sign a 13-month lease and your 2nd month's payment is free!