1104 S Halifax RdRocky MountNC27804
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.89% yield at 1104 S Halifax Rd, Rocky Mount, NC, 27804 in Rocky Mount is solid, but the $725/mo payment compresses net cash flow to $77/mo at $161,250. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $44,550 by year five, and $1,485/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.46) without U.S. income documentation. Total projected return: $66,066.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 6.2% |
| Monthly Cash Flow | $77 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,060 |
| Total Monthly Debt Service | $919 |
| DSCR Ratio | 1.15x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A