122 Ridgecrest DrWarrentonNC27589
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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 Warrenton at 122 Ridgecrest Dr, Warrenton, NC, 27589 priced at $100,000 pairs $796/mo rent with $128/mo cash flow after a $489/mo payment. Total monthly income equals $796/mo, and annual cash flow comes to $1,538/yr on $33,150 invested. Return on cash invested is 24.55% in year one, and rental yield stands at 9.55% on a $100,000 basis. Equity gained on principal adds $645/yr, and 5% annual appreciation accumulates to $27,628 by year five. Five-year ROI measures 128.52% and total cumulative return in cash reaches $42,604. For financing, Ziffy Mortgage’s DSCR program evaluates $796/mo property income against a $489/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1962
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27589, Warrenton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,627 (100%) |
| Owner Occupied HU | 2,022 (55.7%) |
| Renter Occupied HU | 938 (25.9%) |
| Vacant Housing Units | 667 (18.4%) |
| Median Home Value | $148,529 |
| Average Home Value | $225,019 |
Housing Distribution
Address Breakdown
Residential
3,202
Single Family
3,162
Multi-Family
40
Businesses
318
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Listed by: Carl Pike • Triangle North Realty
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10121218
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.