605 Forrest RdWarsawNC28398
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 Warsaw at 605 Forrest Rd, Warsaw, NC, 28398 at $115,000 posts ROI 25.48% with $177/mo cash flow from $878/mo rent. Total monthly income equals $878/mo, and annual cash flow records $2,124/yr on $38,123 to close. Return on cash invested measures 25.48% and rental yield reads 9.16% at the current $115,000. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 by year five. Five-year ROI prints 132.61% and total cumulative return in cash totals $50,553.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $878/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1977
0.91 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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Nearby investment properties with comparable prices
Listed by: Emerson Jerry King • Williams & Williams Real Estate Auctions
Mls Name: My State MLS
Mls ID: #11596002