21 Foggs LnLouisburgNC27549
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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 21 Foggs Ln, Louisburg, NC, 27549 offers a 11.18% rental yield on a $194,000 purchase with $1,807/mo rent. Total monthly income registers $1,807/mo, and a $950/mo payment leaves $624/mo available for distribution. Annual cash flow reaches $7,490/yr on $64,311 to close, and return on cash invested stands at 31.56% in year one. Equity gained on principal adds $1,252/yr while 5% annual appreciation supports $53,599 over five years. Portfolio math shows five-year ROI at 165.24% and total cumulative return in cash at $106,268. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,807/mo property income against a $950/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2008
1.16 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: Dan Gunther • Allen Tate/ Lake Royale
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10107375
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.