140 Savannah Cir NRoanoke RapidsNC27870
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
Investment Highlights
Investment property for sale in Roanoke Rapids at 140 Savannah Cir N, Roanoke Rapids, NC, 27870 with 5% annual appreciation on a $265,000 basis while $2,039/mo rent supports operations. Total monthly income totals $2,039/mo and a $1,297/mo payment preserves $248/mo for cash returns. Annual cash flow comes to $2,979/yr on $87,848 deployed, and return on cash invested reaches 23.3% in year one. Equity gained on principal adds $1,710/yr, and five-year appreciation sums $73,215 alongside rental yield of 9.23%. Five-year ROI measures 121.81% and total cumulative return in cash totals $107,007.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,039/mo property income versus a $1,297/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2006
5,140 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 |
Housing Distribution
Address Breakdown
Residential
11,705
Single Family
10,933
Multi-Family
772
Businesses
1,103
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pea Hill Team,Doug Merrifield • Coldwell Banker Advantage-Littleton
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #139642
Disclaimer: Copyright Roanoke Valley Lake Gaston Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.