721 N Fairview RdRocky MountNC27801
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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
Total monthly income runs $1,099/mo, and a $1,223/mo payment. Purchase price stands at $249,900, and rental yield measures 5.28% with $1,099/mo rent. Return on cash invested shows 13.77% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 69.82% and total cumulative return in cash records $57,842. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,099/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 1951
N/A 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
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Listed by: Ashley Font • Coldwell Banker HPW
Mls Name: Doorify MLS
Mls ID: #10142890