979 Wagon Rd #6-8WarrensvilleNC28693
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 Warrensville at 979 Wagon Rd #6-8, Warrensville, NC, 28693 listed at $739,000 pairs $1,620/mo rent with a $3,617/mo payment. Total monthly income runs $1,620/mo. Return on cash invested measures 5.83% in year one, and rental yield registers 2.63% at a $739,000 basis. Equity gained on principal adds $4,769/yr, and annual property appreciation at 5% supports $204,172 by year five. Five-year ROI tracks 27.18% and total cumulative return in cash totals $66,080. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,620/mo property income relative to a $3,617/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1988
9.30 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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Nearby investment properties with comparable prices
Listed by: Kenneth Parsons • Century 21 Heritage Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4292311