1409 McDearman AveRocky MountNC27804
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 Rocky Mount at 1409 McDearman Ave, Rocky Mount, NC, 27804 at $130,000 posts ROI 30.77% with $390/mo cash flow from $1,182/mo rent. Total monthly income equals $1,182/mo, and annual cash flow records $4,680/yr on $43,095 to close. Return on cash invested measures 30.77% and rental yield reads 10.91% at the current $130,000. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,917 by year five. Five-year ROI prints 160.93% and total cumulative return in cash totals $69,351.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,182/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
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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Nearby investment properties with comparable prices
Listed by: Lynn Parker • Haynes Properties
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10075526
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