1148 Sunset 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
Rental property for sale in Rocky Mount at 1148 Sunset Avenue, Rocky Mount, NC, 27804 generates $1,492/mo in rent and, after a $754/mo payment, leaves $553/mo in cash flow. Total monthly income is $1,492/mo, and annual cash flow is $6,638/yr on $51,051 invested. Return on cash invested sits at 32.91% in year one, and rental yield is 11.63% on a $154,000 entry. Equity gained on principal adds $994/yr, while 5% annual appreciation builds toward $42,547 over five years. Five-year ROI reaches 172.51% and total cumulative return in cash sums $88,070. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,492/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
7,405 sqft 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: Wendy Ricks • Keystone Realty, LLC
Mls Name: Hive MLS
Mls ID: #100536951