4185 Old Spring Hope RdRocky MountNC27804
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 4185 Old Spring Hope Rd, Rocky Mount, NC, 27804 generates $2,160/mo in rent and, after a $1,657/mo payment, leaves $97/mo in cash flow. Total monthly income is $2,160/mo, and annual cash flow is $1,162/yr on $112,213 invested. Return on cash invested sits at 20.94% in year one, and rental yield is 7.66% on a $338,500 entry. Equity gained on principal adds $2,184/yr, while 5% annual appreciation builds toward $93,521 over five years. Five-year ROI reaches 108.28% and total cumulative return in cash sums $121,503. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,160/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27804, Rocky Mount, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,212 (100%) |
| Owner Occupied HU | 7,284 (51.3%) |
| Renter Occupied HU | 5,678 (40.0%) |
| Vacant Housing Units | 1,250 ( 8.8%) |
| Median Home Value | $223,203 |
| Average Home Value | $235,705 |
Housing Distribution
Address Breakdown
Residential
13,554
Single Family
12,874
Multi-Family
680
Businesses
1,936
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