130 Buckridge RdLouisburgNC27549
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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
Rental property for sale in Louisburg at 130 Buckridge Rd, Louisburg, NC, 27549 priced at $250,000 pairs $1,660/mo rent with $136/mo cash flow after a $1,224/mo payment. Total monthly income equals $1,660/mo, and annual cash flow comes to $1,632/yr on $82,875 invested. Return on cash invested is 21.88% in year one, and rental yield stands at 7.97% on a $250,000 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 113.26% and total cumulative return in cash reaches $93,862. For financing, Ziffy Mortgage’s DSCR program evaluates $1,660/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1999
0.79 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
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Listed by: Mike Rowe • RE/MAX Reliance
Mls Name: Doorify MLS
Mls ID: #10137220