2170 Colonial Tpke, Rocky Mount, VA, 24151 | 4.47% Rental Yield

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2170 Colonial Tpke, Rocky Mount, VA, 24151 | 4.47% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Rocky Mount at 2170 Colonial Tpke, Rocky Mount, VA, 24151 earns from $1,823/mo rent with a $2,398/mo payment. Total monthly income totals $1,823/mo. ROI tracks 11.74% on current figures, and rental yield reads 4.47% at a $489,900 purchase. Equity gained on principal adds $3,161/yr, and 5% annual appreciation supports $135,350 over five years. Five-year ROI reaches 58.77% and total cumulative return in cash sums $95,441. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,823/mo property income instead of your personal income.

Single Family

Built in 1993

31.87 Acres lot

$N/A/sqft

No HOA

More details about the property

Family Homestead with a 1920's home still on the property. Today you can enjoy the charm and convenience of a country-cozy maintenance free brick ranch with 3 bedrooms and 2 full baths. The living room in this home flows into an eat-in kitchen that has lots of cabinets, a built-in desk and a deck to sit and enjoy the sunrise as you have your coffee. The primary bedroom has a walk-in closet, garden tub and shower. You may customize the lower level and there is a double garage underneath. This traditional home is nestled on 31.87 acres with an old barn, pond and mountain views. Convenient location, just minutes to Rocky Mount and the Franklin County Recreation Park. Live the way you've always wanted to...giving your family the chance to garden, raise animals and know nature's ways.

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