3514 Old Highway 64 W,Warne,NC,28909

Investment Highlights

Investment property for sale in Warne at 3514 Old Highway 64 W, Warne, NC, 28909 uses $154,114 cash to close to unlock $313/yr annual cash flow and $26/mo monthly cash flow. Total monthly income runs $2,859/mo, and a $2,275/mo payment keeps the spread at $26/mo. Purchase price stands at $464,900, and rental yield measures 7.38% with $2,859/mo rent. Return on cash invested shows 20.11% in year one, and 5% annual appreciation builds toward $128,443 over five years. Five-year ROI reaches 103.83% and total cumulative return in cash records $160,024. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,859/mo property income covering a $2,275/mo payment rather than investor’s personal income.