712 E 13th StRoanoke RapidsNC27870
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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 Roanoke Rapids at 712 E 13th St, Roanoke Rapids, NC, 27870 earns $172/mo cash flow from $1,543/mo rent with a $1,101/mo payment. Total monthly income totals $1,543/mo, and annual cash flow totals $2,064/yr on $74,588 capital. ROI tracks 22.68% on current figures, and rental yield reads 8.23% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 117.55% and total cumulative return in cash sums $87,681. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,543/mo property income instead of your personal income.
Single Family
Built in 1964
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27870, Roanoke Rapids, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,248 (100%) |
| Owner Occupied HU | 6,539 (53.4%) |
| Renter Occupied HU | 4,292 (35.0%) |
| Vacant Housing Units | 1,417 (11.6%) |
| Median Home Value | $148,653 |
| Average Home Value | $203,912 |
Housing Distribution
Address Breakdown
Residential
11,705
Single Family
10,933
Multi-Family
772
Businesses
1,103
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Listed by: Paige Thompson • eXp Realty, LLC - C
Mls Name: Doorify MLS
Mls ID: #10115095