217 W Wards Bridge RoadWarsawNC28398
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Warsaw rental at 217 W Wards Bridge Road, Warsaw, NC, 28398 sits in the solid-income band: 8.64% gross yield, $1,638/mo rent, $251/mo net after the $1,023/mo debt service, DSCR 1.60. Entry price of $227,600 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $62,882 and $2,096/yr in principal reduction bring total cumulative return to $102,386.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.2% |
| Monthly Cash Flow | $251 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,638 |
| Total Monthly Debt Service | $1,297 |
| DSCR Ratio | 1.26x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1954
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28398, Warsaw, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,320 (100%) |
| Owner Occupied HU | 1,625 (48.9%) |
| Renter Occupied HU | 929 (28.0%) |
| Vacant Housing Units | 766 (23.1%) |
| Median Home Value | $141,093 |
| Average Home Value | $218,692 |
Housing Distribution
Address Breakdown
Residential
2,969
Single Family
2,928
Multi-Family
41
Businesses
309
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
Single Family
Built in 1954
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28398, Warsaw, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,320 (100%) |
| Owner Occupied HU | 1,625 (48.9%) |
| Renter Occupied HU | 929 (28.0%) |
| Vacant Housing Units | 766 (23.1%) |
| Median Home Value | $141,093 |
| Average Home Value | $218,692 |
Housing Distribution
Address Breakdown
Residential
2,969
Single Family
2,928
Multi-Family
41
Businesses
309
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brittany Mess • Terri Alphin Smith & Co
Mls Name: Hive MLS
Mls ID: #100547435