120 Dalewood LnRocky MountVA24151
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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 120 Dalewood Ln, Rocky Mount, VA, 24151 priced at $263,900 pairs $1,740/mo rent with $162/mo cash flow after a $1,292/mo payment. Total monthly income equals $1,740/mo, and annual cash flow comes to $1,945/yr on $87,483 invested. Return on cash invested is 22.13% in year one, and rental yield stands at 7.91% on a $263,900 basis. Equity gained on principal adds $1,703/yr, and 5% annual appreciation accumulates to $72,911 by year five. Five-year ROI measures 114.54% and total cumulative return in cash reaches $100,206. For financing, Ziffy Mortgage’s DSCR program evaluates $1,740/mo property income against a $1,292/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2001
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24151, Rocky Mount, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,571 (100%) |
| Owner Occupied HU | 5,656 (66.0%) |
| Renter Occupied HU | 2,178 (25.4%) |
| Vacant Housing Units | 737 ( 8.6%) |
| Median Home Value | $244,741 |
| Average Home Value | $315,576 |
Housing Distribution
Address Breakdown
Residential
8,293
Single Family
8,145
Multi-Family
148
Businesses
803
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Listed by: LOGAN SMITH • PROPERTY NAVIGATORS LLC
Mls Name: RVAR
Mls ID: #923604