Howard Plan, Golden RidgeLouisburgNC27549
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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
Rental property for sale in Louisburg at Howard Plan, Golden Ridge, Louisburg, NC, 27549 priced at $314,500 converts $2,100/mo rent into $184/mo cash flow after a $1,539/mo obligation. Total monthly income equals $2,100/mo, and annual cash flow totals $2,203/yr on $104,257 invested. Return on cash invested prints 22.02% in year one, and rental yield reads 8.01% against a $314,500 entry. Equity gained on principal adds $2,029/yr, while 5% annual appreciation compiles into $86,891 by year five. Five-year ROI reaches 114.07% and total cumulative return in cash sums $118,924. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,100/mo property income covering a $1,539/mo payment, not borrower’s personal income.
Single Family
Built in 2026
N/A 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: N/A • Mungo Homes
Mls Name: Mungo Homes, Inc
Mls Provider:
Mls ID: #N/A