331 N Main StWarrentonNC27589
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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 331 N Main St, Warrenton, NC, 27589 priced at $400,000 converts $3,125/mo rent into $536/mo cash flow after a $1,958/mo obligation. Total monthly income equals $3,125/mo, and annual cash flow totals $6,428/yr on $132,600 invested. Return on cash invested prints 24.76% in year one, and rental yield reads 9.38% against a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,513 by year five. Five-year ROI reaches 129.22% and total cumulative return in cash sums $171,340. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,125/mo property income covering a $1,958/mo payment, not borrower’s personal income.
Single Family
Built in 1907
1.01 Acres 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
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Listed by: Andrea Andrado Ochoa • Collective Realty LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10101102
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.