182 Water Wheel RdRocky MountNC27803
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 182 Water Wheel Rd, Rocky Mount, NC, 27803 listed at $335,000 pairs $2,593/mo rent with a $1,640/mo payment to leave $539/mo cash flow. Total monthly income runs $2,593/mo, and annual cash flow reaches $6,462/yr on $111,053 cash to close. Return on cash invested measures 25.73% in year one, and rental yield registers 9.29% at a $335,000 basis. Equity gained on principal adds $2,162/yr, and annual property appreciation at 5% supports $92,554 by year five. Five-year ROI tracks 134% and total cumulative return in cash totals $148,808. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,593/mo property income relative to a $1,640/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
9,147 sqft lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27803, Rocky Mount, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,440 (100%) |
| Owner Occupied HU | 5,555 (53.2%) |
| Renter Occupied HU | 3,920 (37.5%) |
| Vacant Housing Units | 965 ( 9.2%) |
| Median Home Value | $206,523 |
| Average Home Value | $233,303 |
Housing Distribution
Address Breakdown
Residential
9,205
Single Family
8,940
Multi-Family
265
Businesses
389
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jacob Lowder • DASH Carolina
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10141767
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2026 Doorify MLS of North Carolina. All rights reserved.