519 Power Dam RdRocky MountVA24151
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
Investment property for sale in Rocky Mount at 519 Power Dam Rd, Rocky Mount, VA, 24151 at $228,500 posts ROI 21.2% with $81/mo cash flow from $1,447/mo rent. Total monthly income equals $1,447/mo, and annual cash flow records $978/yr on $75,748 to close. Return on cash invested measures 21.2% and rental yield reads 7.6% at the current $228,500. Equity gained on principal adds $1,474/yr, and 5% annual appreciation supports $63,130 by year five. Five-year ROI prints 109.51% and total cumulative return in cash totals $82,948.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,447/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1972
0.48 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: Brenda Fichtner Bratt • WAINWRIGHT & CO., REALTORS(r)- LAKE
Mls Name: RVAR
Mls ID: #918461