656 Sledge 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
Total monthly income runs $2,694/mo, and a $2,203/mo payment. Purchase price stands at $450,000, and rental yield measures 7.18% with $2,694/mo rent. Return on cash invested shows 19.51% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 100.59% and total cumulative return in cash records $150,054. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,694/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Manufactured
Built in 2015
5.09 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: Ann-Cabell Baum • Glenwood Agency, LLC
Mls Name: Doorify MLS
Mls ID: #10101875