40 High StRocky 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 40 High St, Rocky Mount, VA, 24151 at $375,000 posts ROI 15.92% with from $1,828/mo rent. Total monthly income equals $1,828/mo. Return on cash invested measures 15.92% and rental yield reads 5.85% at the current $375,000. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 by year five. Five-year ROI prints 81.18% and total cumulative return in cash totals $100,911. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,828/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1907
0.38 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: TAMMY L RICKMAN • RICKMAN REALTY LLC
Mls Name: RVAR
Mls ID: #923105