2144 Franklin StRocky MountVA24151
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
Rental property for sale in Rocky Mount at 2144 Franklin St, Rocky Mount, VA, 24151 offers $1,612/mo rent that, after a $818/mo payment, leaves $613/mo cash flow. Total monthly income is $1,612/mo, and annual cash flow is $7,356/yr on $55,394 cash. Return on cash invested measures 33.19% in year one, and rental yield stands at 11.58% at a $167,100 entry. Equity gained on principal adds $1,078/yr while 5% annual appreciation compounds into $46,167 by year five. Five-year ROI records 173.76% and total cumulative return in cash reaches $96,251. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,612/mo property income versus a $818/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24151, Rocky Mount, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,571 (100%) |
| Owner Occupied HU | 5,656 (66.0%) |
| Renter Occupied HU | 2,178 (25.4%) |
| Vacant Housing Units | 737 ( 8.6%) |
| Median Home Value | $244,741 |
| Average Home Value | $315,576 |
Housing Distribution
Address Breakdown
Residential
8,293
Single Family
8,145
Multi-Family
148
Businesses
803
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A