654 Ferrells Bridge RdLouisburgNC27549
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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 654 Ferrells Bridge Rd, Louisburg, NC, 27549 at $225,000 posts ROI 29.32% with $585/mo cash flow from $1,956/mo rent. Total monthly income equals $1,956/mo, and annual cash flow records $7,020/yr on $74,588 to close. Return on cash invested measures 29.32% and rental yield reads 10.43% at the current $225,000. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 by year five. Five-year ROI prints 153.17% and total cumulative return in cash totals $114,249.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,956/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1998
1.06 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: Laurel Smith • Red Apple Real Estate
Mls Name: Doorify MLS
Mls ID: #10121033