61 Sunset DrRocky 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
Rental property for sale in Rocky Mount at 61 Sunset Dr, Rocky Mount, VA, 24151 offers $1,904/mo rent that, after a $1,459/mo payment, leaves $122/mo cash flow. Total monthly income is $1,904/mo, and annual cash flow is $1,466/yr on $98,787 cash. Return on cash invested measures 21.39% in year one, and rental yield stands at 7.67% at a $298,000 entry. Equity gained on principal adds $1,923/yr while 5% annual appreciation compounds into $82,332 by year five. Five-year ROI records 110.57% and total cumulative return in cash reaches $109,232. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,904/mo property income versus a $1,459/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
0.52 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: Bob Parcell • MOUNTAIN TO LAKE REALTY
Mls Name: RVAR
Mls ID: #918844