1100 Lafayette AveRocky MountNC27803
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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 1100 Lafayette Ave, Rocky Mount, NC, 27803 earns $450/mo cash flow from $2,095/mo rent with a $1,321/mo payment. Total monthly income totals $2,095/mo, and annual cash flow totals $5,401/yr on $89,472 capital. ROI tracks 25.95% on current figures, and rental yield reads 9.31% at a $269,900 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,568 over five years. Five-year ROI reaches 135.13% and total cumulative return in cash sums $120,906. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,095/mo property income instead of your personal income.
Single Family
Built in 1941
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27803, Rocky Mount, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,440 (100%) |
| Owner Occupied HU | 5,555 (53.2%) |
| Renter Occupied HU | 3,920 (37.5%) |
| Vacant Housing Units | 965 ( 9.2%) |
| Median Home Value | $206,523 |
| Average Home Value | $233,303 |
Housing Distribution
Address Breakdown
Residential
9,205
Single Family
8,940
Multi-Family
265
Businesses
389
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Listed by: Tammie Harris • Tammie Harris Real Estate Firm
Mls Name: Doorify MLS
Mls ID: #10112109