1601 Little Falls DrRocky MountNC27801
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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
Investment property for sale in Rocky Mount at 1601 Little Falls Dr, Rocky Mount, NC, 27801 with 5% annual appreciation on a $179,000 basis while $1,417/mo rent supports operations. Total monthly income totals $1,417/mo and a $876/mo payment preserves $326/mo for cash returns. Annual cash flow comes to $3,914/yr on $59,339 deployed, and return on cash invested reaches 26.51% in year one. Equity gained on principal adds $1,155/yr, and five-year appreciation sums $49,454 alongside rental yield of 9.5%. Five-year ROI measures 138.17% and total cumulative return in cash totals $81,987.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,417/mo property income versus a $876/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1969
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27801, Rocky Mount, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,293 (100%) |
| Owner Occupied HU | 3,994 (43.0%) |
| Renter Occupied HU | 3,816 (41.1%) |
| Vacant Housing Units | 1,483 (16.0%) |
| Median Home Value | $124,559 |
| Average Home Value | $165,576 |
Housing Distribution
Address Breakdown
Residential
8,351
Single Family
8,096
Multi-Family
255
Businesses
328
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Listed by: Darien Charles Cruz • Choice Residential Real Estate
Mls Name: Doorify MLS
Mls ID: #10117272