35 Meadow River DrRocky MountVA24151
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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 35 Meadow River Dr, Rocky Mount, VA, 24151 with 5% annual appreciation on a $127,750 basis while $1,888/mo rent supports operations. Total monthly income totals $1,888/mo and a $625/mo payment preserves $1,125/mo for cash returns. Annual cash flow comes to $13,495/yr on $42,349 deployed, and return on cash invested reaches 51.78% in year one. Equity gained on principal adds $824/yr, and five-year appreciation sums $35,295 alongside rental yield of 17.73%. Five-year ROI measures 273.48% and total cumulative return in cash totals $115,816.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,888/mo property income versus a $625/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1996
2.01 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
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Listed by: VERONICA FAZ • BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN
Mls Name: RVAR
Mls Provider:
Mls ID: #918041
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