508 Eaton AveWarrentonNC27589
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 Warrenton at 508 Eaton Ave, Warrenton, NC, 27589 at $1,010,630 posts ROI 8.77% with from $2,994/mo rent. Total monthly income equals $2,994/mo. Return on cash invested measures 8.77% and rental yield reads 3.56% at the current $1,010,630. Equity gained on principal adds $6,521/yr, and 5% annual appreciation supports $279,218 by year five. Five-year ROI prints 42.89% and total cumulative return in cash totals $140,429. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,994/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1850
20 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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Nearby investment properties with comparable prices
Listed by: Denise Allen • Denise Allen Realty, Inc.
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #139322
Disclaimer: Copyright Roanoke Valley Lake Gaston Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.