788 Olive Hill Church RdLeasburgNC27291
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder788 Olive Hill Church Rd, Leasburg, NC, 27291 in Leasburg earns a respectable 7.34% gross yield at $206,500, but after the $929/mo mortgage the net cash flow is $5/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.36) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $57,052 over five years, making equity the dominant return driver. Total projected return: $78,573.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 6.2% |
| Monthly Cash Flow | $5 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,264 |
| Total Monthly Debt Service | $1,176 |
| DSCR Ratio | 1.07x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1994
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27291, Leasburg, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,025 (100%) |
| Owner Occupied HU | 601 (58.6%) |
| Renter Occupied HU | 190 (18.5%) |
| Vacant Housing Units | 234 (22.8%) |
| Median Home Value | $246,845 |
| Average Home Value | $333,898 |
Housing Distribution
Address Breakdown
Residential
736
Single Family
736
Multi-Family
0
Businesses
25
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
Manufactured
Built in 1994
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27291, Leasburg, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,025 (100%) |
| Owner Occupied HU | 601 (58.6%) |
| Renter Occupied HU | 190 (18.5%) |
| Vacant Housing Units | 234 (22.8%) |
| Median Home Value | $246,845 |
| Average Home Value | $333,898 |
Housing Distribution
Address Breakdown
Residential
736
Single Family
736
Multi-Family
0
Businesses
25
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Thad Farlow • Fathom Realty NC, LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10094712
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.