291 Community RoadWarsawNC28398
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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 291 Community Road, Warsaw, NC, 28398 with 5% annual appreciation on a $185,000 basis while $1,486/mo rent supports operations. Total monthly income totals $1,486/mo and a $905/mo payment preserves $359/mo for cash returns. Annual cash flow comes to $4,308/yr on $61,328 deployed, and return on cash invested reaches 26.93% in year one. Equity gained on principal adds $1,194/yr, and five-year appreciation sums $51,112 alongside rental yield of 9.64%. Five-year ROI measures 140.38% and total cumulative return in cash totals $86,091.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,486/mo property income versus a $905/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1965
1.07 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
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Listed by: Lonnie W Glaspie • Community Real Estate Services of Clinton
Mls Name: Hive MLS
Mls ID: #100544913