5306 Franklin 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 5306 Franklin St, Rocky Mount, VA, 24151 earns from $1,189/mo rent with a $1,199/mo payment. Total monthly income totals $1,189/mo. ROI tracks 15.84% on current figures, and rental yield reads 5.83% at a $244,900 purchase. Equity gained on principal adds $1,580/yr, and 5% annual appreciation supports $67,661 over five years. Five-year ROI reaches 80.76% and total cumulative return in cash sums $65,561. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,189/mo property income instead of your personal income.
Multi Family
Built in 1952
0.42 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: TODD MAXEY • KELLER WILLIAMS REALTY ROANOKE
Mls Name: RVAR
Mls ID: #920213