414 W Noble StLouisburgNC27549
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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 414 W Noble St, Louisburg, NC, 27549 with 5% annual appreciation on a $235,900 basis while $2,090/mo rent supports operations. Total monthly income totals $2,090/mo and a $1,155/mo payment preserves $652/mo for cash returns. Annual cash flow comes to $7,823/yr on $78,201 deployed, and return on cash invested reaches 29.91% in year one. Equity gained on principal adds $1,522/yr, and five-year appreciation sums $65,175 alongside rental yield of 10.63%. Five-year ROI measures 156.35% and total cumulative return in cash totals $122,267.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,090/mo property income versus a $1,155/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1979
0.45 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: CHRIS LAWRENCE • Allen Tate/ Lake Royale
Mls Name: Doorify MLS
Mls ID: #10131832