141 S Creek DrLouisburgNC27549
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 141 S Creek Dr, Louisburg, NC, 27549 priced at $266,000 converts $1,660/mo rent into $29/mo cash flow after a $1,302/mo obligation. Total monthly income equals $1,660/mo, and annual cash flow totals $346/yr on $88,179 invested. Return on cash invested prints 20.3% in year one, and rental yield reads 7.49% against a $266,000 entry. Equity gained on principal adds $1,716/yr, while 5% annual appreciation compiles into $73,491 by year five. Five-year ROI reaches 104.86% and total cumulative return in cash sums $92,465. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,660/mo property income covering a $1,302/mo payment, not borrower’s personal income.
Manufactured
Built in 1995
2.71 Acres lot
$N/A/sqft
$10 monthly 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: Stephanie Anson • Northside Realty Inc.
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10101659
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.