520 Park AveRocky MountNC27801
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 520 Park Ave, Rocky Mount, NC, 27801 priced at $195,000 pairs $1,718/mo rent with $530/mo cash flow after a $954/mo payment. Total monthly income equals $1,718/mo, and annual cash flow comes to $6,360/yr on $64,643 invested. Return on cash invested is 29.75% in year one, and rental yield stands at 10.57% on a $195,000 basis. Equity gained on principal adds $1,258/yr, and 5% annual appreciation accumulates to $53,875 by year five. Five-year ROI measures 155.45% and total cumulative return in cash reaches $100,486. For financing, Ziffy Mortgage’s DSCR program evaluates $1,718/mo property income against a $954/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
7,405 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angie Cole • LPT Realty LLC
Mls Name: Doorify MLS
Mls ID: #10103873