288 Bunny Rabbit RdLeasburgNC27291
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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 Leasburg at 288 Bunny Rabbit Rd, Leasburg, NC, 27291 priced at $779,000 converts $2,580/mo rent into after a $3,813/mo obligation. Total monthly income equals $2,580/mo. Return on cash invested prints 9.91% in year one, and rental yield reads 3.97% against a $779,000 entry. Equity gained on principal adds $5,027/yr, while 5% annual appreciation compiles into $215,223 by year five. Five-year ROI reaches 49.07% and total cumulative return in cash sums $125,774. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,580/mo property income covering a $3,813/mo payment, not borrower’s personal income.
Single Family
Built in 1969
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27291, Leasburg, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,025 (100%) |
| Owner Occupied HU | 601 (58.6%) |
| Renter Occupied HU | 190 (18.5%) |
| Vacant Housing Units | 234 (22.8%) |
| Median Home Value | $246,845 |
| Average Home Value | $333,898 |
Housing Distribution
Address Breakdown
Residential
736
Single Family
736
Multi-Family
0
Businesses
25
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Listed by: Gay Poindexter • RE/MAX Premier Realty
Mls Name: Doorify MLS
Mls ID: #10140676