1104 S Halifax RdRocky 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
Rental property for sale in Rocky Mount at 1104 S Halifax Rd, Rocky Mount, NC, 27804 offers $1,060/mo rent that, after a $789/mo payment, leaves $77/mo cash flow. Total monthly income is $1,060/mo, and annual cash flow is $930/yr on $53,454 cash. Return on cash invested measures 21.65% in year one, and rental yield stands at 7.89% at a $161,250 entry. Equity gained on principal adds $1,041/yr while 5% annual appreciation compounds into $44,550 by year five. Five-year ROI records 112.06% and total cumulative return in cash reaches $59,902. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,060/mo property income versus a $789/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
99.80 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: N/A • N/A
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