2970 Cokey RdRocky 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 2970 Cokey Rd, Rocky Mount, NC, 27801 listed at $325,000 pairs $1,680/mo rent with a $1,591/mo payment. Total monthly income runs $1,680/mo. Return on cash invested measures 16.56% in year one, and rental yield registers 6.2% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 84.74% and total cumulative return in cash totals $91,297. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,680/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
N/A 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: N/A • N/A
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