60 Rainwood CtLouisburgNC27549
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 60 Rainwood Ct, Louisburg, NC, 27549 listed at $305,000 pairs $1,891/mo rent with a $1,493/mo payment to leave $32/mo cash flow. Total monthly income runs $1,891/mo, and annual cash flow reaches $384/yr on $101,108 cash to close. Return on cash invested measures 20.29% in year one, and rental yield registers 7.44% at a $305,000 basis. Equity gained on principal adds $1,968/yr, and annual property appreciation at 5% supports $84,266 by year five. Five-year ROI tracks 104.75% and total cumulative return in cash totals $105,910. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,891/mo property income relative to a $1,493/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
1.35 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: Carlo Ruggiero • EXP Realty LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10111799
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.