1163 Schloss RdLouisburgNC27549
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
Rental property for sale in Louisburg at 1163 Schloss Rd, Louisburg, NC, 27549 generates $1,187/mo in rent and, after a $759/mo payment, leaves $242/mo in cash flow. Total monthly income is $1,187/mo, and annual cash flow is $2,904/yr on $51,383 invested. Return on cash invested sits at 25.56% in year one, and rental yield is 9.19% on a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 133.03% and total cumulative return in cash sums $68,356. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,187/mo property income rather than buyer’s personal income.
Manufactured
Built in 2009
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27549, Louisburg, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,073 (100%) |
| Owner Occupied HU | 7,614 (63.1%) |
| Renter Occupied HU | 2,541 (21.0%) |
| Vacant Housing Units | 1,918 (15.9%) |
| Median Home Value | $279,790 |
| Average Home Value | $304,022 |
Housing Distribution
Address Breakdown
Residential
10,498
Single Family
8,680
Multi-Family
1,818
Businesses
646
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Connie Jean Guckavan • Raynor Realty powered by Real
Mls Name: Doorify MLS
Mls ID: #10124351