1303-05 Washington St, Roanoke Rapids, NC, 27870 | $631/mo Cash Flow

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Roanoke Rapids at 1303-05 Washington St, Roanoke Rapids, NC, 27870 earns $631/mo cash flow from $1,545/mo rent with a $734/mo payment. Total monthly income totals $1,545/mo, and annual cash flow totals $7,573/yr on $49,692 capital. ROI tracks 35.15% on current figures, and rental yield reads 12.37% at a $149,900 purchase. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 over five years. Five-year ROI reaches 184.54% and total cumulative return in cash sums $91,703. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,545/mo property income instead of your personal income.

Multi Family

Built in 1938

8,276 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 27870, Roanoke Rapids, NC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,248 (100%)
Owner Occupied HU	6,539 (53.4%)
Renter Occupied HU	4,292 (35.0%)
Vacant Housing Units	1,417 (11.6%)
Median Home Value	$148,653
Average Home Value	$203,912