166 Horseman DrLouisburgNC27549
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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
Investment property for sale in Louisburg at 166 Horseman Dr, Louisburg, NC, 27549 at $499,900 posts ROI 13.95% with from $2,224/mo rent. Total monthly income equals $2,224/mo. Return on cash invested measures 13.95% and rental yield reads 5.34% at the current $499,900. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,113 by year five. Five-year ROI prints 70.78% and total cumulative return in cash totals $117,300. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,224/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2022
1.57 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: Leigh Blackman-Carter • NorthGroup Real Estate, Inc.
Mls Name: Doorify MLS
Mls ID: #10142875