448 Shawnee DrLouisburgNC27549
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 448 Shawnee Dr, Louisburg, NC, 27549 uses $39,780 cash to close to unlock $2,484/yr annual cash flow and $207/mo monthly cash flow. Total monthly income runs $938/mo, and a $587/mo payment keeps the spread at $207/mo. Purchase price stands at $120,000, and rental yield measures 9.38% with $938/mo rent. Return on cash invested shows 26.15% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 136.19% and total cumulative return in cash records $54,175. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $938/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1982
0.34 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Terrie Siebert • Century 21 Folks Properties
Mls Name: Doorify MLS
Mls ID: #10132364