109 Pinewood AvenueRocky MountNC27804
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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
Investment property for sale in Rocky Mount at 109 Pinewood Avenue, Rocky Mount, NC, 27804 uses $82,842 cash to close to unlock $3,865/yr annual cash flow and $322/mo monthly cash flow. Total monthly income runs $1,845/mo, and a $1,223/mo payment keeps the spread at $322/mo. Purchase price stands at $249,900, and rental yield measures 8.86% with $1,845/mo rent. Return on cash invested shows 24.58% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 127.79% and total cumulative return in cash records $105,866. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,845/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 1969
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27804, Rocky Mount, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,212 (100%) |
| Owner Occupied HU | 7,284 (51.3%) |
| Renter Occupied HU | 5,678 (40.0%) |
| Vacant Housing Units | 1,250 ( 8.8%) |
| Median Home Value | $223,203 |
| Average Home Value | $235,705 |
Housing Distribution
Address Breakdown
Residential
13,554
Single Family
12,874
Multi-Family
680
Businesses
1,936
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Listed by: Jason Walters Real Estate Team • EXP Realty LLC - C
Mls Name: Hive MLS
Mls ID: #100538743