214 Williams CtWarrentonNC27589
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 214 Williams Ct, Warrenton, NC, 27589 offers $1,199/mo rent that, after a $905/mo payment, leaves $72/mo cash flow. Total monthly income is $1,199/mo, and annual cash flow is $865/yr on $61,294 cash. Return on cash invested measures 21.32% in year one, and rental yield stands at 7.78% at a $184,900 entry. Equity gained on principal adds $1,193/yr while 5% annual appreciation compounds into $51,084 by year five. Five-year ROI records 110.35% and total cumulative return in cash reaches $67,639. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,199/mo property income versus a $905/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vickie Irby • Coldwell Banker Advantage-Littleton
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #139917