385 Arnold RdLouisburgNC27549
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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 385 Arnold Rd, Louisburg, NC, 27549 uses $82,776 cash to close to unlock $976/yr annual cash flow and $81/mo monthly cash flow. Total monthly income runs $1,603/mo, and a $1,222/mo payment keeps the spread at $81/mo. Purchase price stands at $249,700, and rental yield measures 7.7% with $1,603/mo rent. Return on cash invested shows 21.09% in year one, and 5% annual appreciation builds toward $68,988 over five years. Five-year ROI reaches 109.06% and total cumulative return in cash records $90,276. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,603/mo property income covering a $1,222/mo payment rather than investor’s personal income.
Manufactured
Built in 1997
N/A 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: CHRISTINE WORTH • WORTHWHILE REALTY
Mls Name: LPRMLS
Mls Provider:
Mls ID: #729900
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.