11644 NC Hwy 88WarrensvilleNC28693
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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 Warrensville at 11644 NC Hwy 88, Warrensville, NC, 28693 earns from $3,127/mo rent with a $2,937/mo payment. Total monthly income totals $3,127/mo. ROI tracks 16.84% on current figures, and rental yield reads 6.25% at a $600,000 purchase. Equity gained on principal adds $3,872/yr, and 5% annual appreciation supports $165,769 over five years. Five-year ROI reaches 86.21% and total cumulative return in cash sums $170,172. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,127/mo property income instead of your personal income.
Single Family
Built in 1971
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28693, Warrensville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 952 (100%) |
| Owner Occupied HU | 549 (57.7%) |
| Renter Occupied HU | 146 (15.3%) |
| Vacant Housing Units | 257 (27.0%) |
| Median Home Value | $254,114 |
| Average Home Value | $302,805 |
Housing Distribution
Address Breakdown
Residential
662
Single Family
662
Multi-Family
0
Businesses
38
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Listed by: Sandara Dollar • Realty One Group Results
Mls Name: High Country AOR
Mls ID: #258870