121 White Oak DrWarneNC28909
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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
Rental property for sale in Warne at 121 White Oak Dr, Warne, NC, 28909 generates $2,657/mo in rent and, after a $1,810/mo payment, leaves $403/mo in cash flow. Total monthly income is $2,657/mo, and annual cash flow is $4,837/yr on $122,622 invested. Return on cash invested sits at 23.85% in year one, and rental yield is 8.62% on a $369,900 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 123.9% and total cumulative return in cash sums $151,930. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,657/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
3.66 Acres lot
$N/A/sqft
No HOA
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Listed by: Carol Robinson • Coldwell Banker High Country Realty - Murphy
Mls Name: NGBOR
Mls ID: #409951