149 Devos DrRockinghamNC28379
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 Rockingham at 149 Devos Dr, Rockingham, NC, 28379 listed at $100,000 pairs $796/mo rent with a $489/mo payment to leave $187/mo cash flow. Total monthly income runs $796/mo, and annual cash flow reaches $2,244/yr on $33,150 cash to close. Return on cash invested measures 26.68% in year one, and rental yield registers 9.55% at a $100,000 basis. Equity gained on principal adds $645/yr, and annual property appreciation at 5% supports $27,628 by year five. Five-year ROI tracks 139.02% and total cumulative return in cash totals $46,084. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $796/mo property income relative to a $489/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28379, Rockingham, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,302 (100%) |
| Owner Occupied HU | 6,220 (55.0%) |
| Renter Occupied HU | 3,756 (33.2%) |
| Vacant Housing Units | 1,326 (11.7%) |
| Median Home Value | $158,183 |
| Average Home Value | $192,771 |
Housing Distribution
Address Breakdown
Residential
10,767
Single Family
10,274
Multi-Family
493
Businesses
733
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: GIL JACOBS • ALOTTA PROPERTIES REAL ESTATE
Mls Name: LPRMLS
Mls ID: #751543