6383 NC 88 W HighwayWarrensvilleNC28693
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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
Investment property for sale in Warrensville at 6383 NC 88 W Highway, Warrensville, NC, 28693 earns $452/mo cash flow from $2,219/mo rent with a $1,419/mo payment. Total monthly income totals $2,219/mo, and annual cash flow totals $5,424/yr on $96,135 capital. ROI tracks 25.55% on current figures, and rental yield reads 9.18% at a $290,000 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,122 over five years. Five-year ROI reaches 132.95% and total cumulative return in cash sums $127,816. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,219/mo property income instead of your personal income.
Single Family
Built in 1990
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28693, Warrensville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 952 (100%) |
| Owner Occupied HU | 549 (57.7%) |
| Renter Occupied HU | 146 (15.3%) |
| Vacant Housing Units | 257 (27.0%) |
| Median Home Value | $254,114 |
| Average Home Value | $302,805 |
Housing Distribution
Address Breakdown
Residential
662
Single Family
662
Multi-Family
0
Businesses
38
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Listed by: Jacob Lumpkin • High Country Resort Properties
Mls Name: High Country AOR
Mls ID: #259362