222 Rae StWarsawNC28398
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingFor first-time U.S. investors or those diversifying conservatively, 222 Rae St, Warsaw, NC, 28398 in Warsaw offers a clean, manageable entry. Rental yield 6.08%. DSCR 1.13 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $62,136 in additional property value over five years, with $2,071/yr in principal equity building ownership stake. Total projected cumulative return: $70,407.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6.1% | 6.2% |
| Monthly Cash Flow | $(231) | $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 | $1,140 |
| Total Monthly Debt Service | $1,281 |
| DSCR Ratio | 0.89x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 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
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 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