100 Hatcher StRocky MountVA24151
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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 Rocky Mount at 100 Hatcher St, Rocky Mount, VA, 24151 generates $1,438/mo in rent and, after a $950/mo payment, leaves $278/mo in cash flow. Total monthly income is $1,438/mo, and annual cash flow is $3,334/yr on $64,311 invested. Return on cash invested sits at 25.09% in year one, and rental yield is 8.89% on a $194,000 entry. Equity gained on principal adds $1,252/yr, while 5% annual appreciation builds toward $53,599 over five years. Five-year ROI reaches 130.35% and total cumulative return in cash sums $83,828. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,438/mo property income rather than buyer’s personal income.
Single Family
Built in 1949
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24151, Rocky Mount, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,571 (100%) |
| Owner Occupied HU | 5,656 (66.0%) |
| Renter Occupied HU | 2,178 (25.4%) |
| Vacant Housing Units | 737 ( 8.6%) |
| Median Home Value | $244,741 |
| Average Home Value | $315,576 |
Housing Distribution
Address Breakdown
Residential
8,293
Single Family
8,145
Multi-Family
148
Businesses
803
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Listed by: BRENDA FICHTNER BRATT • WAINWRIGHT & CO., REALTORS(r)- LAKE
Mls Name: RVAR
Mls ID: #920136