144 Ottawa 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
Investment property for sale in Louisburg at 144 Ottawa Dr, Louisburg, NC, 27549 offers a 7.4% rental yield on a $365,000 purchase with $2,251/mo rent. Total monthly income registers $2,251/mo, and a $1,786/mo payment leaves $27/mo available for distribution. Annual cash flow reaches $324/yr on $120,998 to close, and return on cash invested stands at 20.18% in year one. Equity gained on principal adds $2,355/yr while 5% annual appreciation supports $100,843 over five years. Portfolio math shows five-year ROI at 104.14% and total cumulative return in cash at $126,007. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,251/mo property income against a $1,786/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
0.41 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: Michele Lucente • Costello Real Estate & Investm
Mls Name: Doorify MLS
Mls ID: #10113038