6553 Hwy 194 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 6553 Hwy 194 Highway, Warrensville, NC, 28693 offers a 10.81% rental yield on a $160,000 purchase with $1,441/mo rent. Total monthly income registers $1,441/mo, and a $783/mo payment leaves $466/mo available for distribution. Annual cash flow reaches $5,592/yr on $53,040 to close, and return on cash invested stands at 30.45% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,205 over five years. Portfolio math shows five-year ROI at 159.26% and total cumulative return in cash at $84,470. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,441/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
1 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: Canzada Lyall • Regency Properties
Mls Name: High Country AOR
Mls ID: #259804