116 Clancy CourtRocky 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 116 Clancy Court, Rocky Mount, NC, 27803 uses $95,770 cash to close to unlock $6,880/yr annual cash flow and $573/mo monthly cash flow. Total monthly income runs $2,334/mo, and a $1,414/mo payment keeps the spread at $573/mo. Purchase price stands at $288,900, and rental yield measures 9.69% with $2,334/mo rent. Return on cash invested shows 27.09% in year one, and 5% annual appreciation builds toward $79,818 over five years. Five-year ROI reaches 141.27% and total cumulative return in cash records $135,295. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,334/mo property income covering a $1,414/mo payment rather than investor’s personal income.
Single Family
Built in 2025
0.45 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: Alicia Barnes • Agent Group Realty
Mls Name: Hive MLS
Mls ID: #100539634