222 Rae StWarsawNC28398
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
Investment property for sale in Warsaw at 222 Rae St, Warsaw, NC, 28398 offers a 6.08% rental yield on a $224,900 purchase with $1,140/mo rent. 19% in year one. Equity gained on principal adds $1,451/yr while 5% annual appreciation supports $62,136 over five years. Portfolio math shows five-year ROI at 82.85% and total cumulative return in cash at $61,765. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,140/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.30 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: Ashley Braswell • Braswell Realty
Mls Name: Doorify MLS
Mls ID: #10138396