933 W Warren St #WShelbyNC28150
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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
Total monthly income runs $1,987/mo, and a $1,806/mo payment. Purchase price stands at $369,000, and rental yield measures 6.46% with $1,987/mo rent. Return on cash invested shows 17.34% in year one, and 5% annual appreciation builds toward $101,948 over five years. Five-year ROI reaches 88.98% and total cumulative return in cash records $108,843. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,987/mo property income covering a $1,806/mo payment rather than investor’s personal income.
Single Family
Built in 1938
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28150, Shelby, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,246 (100%) |
| Owner Occupied HU | 7,826 (59.1%) |
| Renter Occupied HU | 4,275 (32.3%) |
| Vacant Housing Units | 1,145 ( 8.6%) |
| Median Home Value | $268,013 |
| Average Home Value | $335,622 |
Housing Distribution
Address Breakdown
Residential
12,547
Single Family
12,328
Multi-Family
219
Businesses
953
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Listed by: Lucille Rocco • Rockin Realty Inc
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4297544