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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Rocky Mount at 769 Summit Dr, Rocky Mount, VA, 24151 priced at $878,000 pairs $2,930/mo rent with after a $4,297/mo payment. Total monthly income equals $2,930/mo. Return on cash invested is 10.36% in year one, and rental yield stands at 4% on a $878,000 basis. Equity gained on principal adds $5,666/yr, and 5% annual appreciation accumulates to $242,575 by year five. Five-year ROI measures 51.36% and total cumulative return in cash reaches $148,372. For financing, Ziffy Mortgage’s DSCR program evaluates $2,930/mo property income against a $4,297/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
1.03 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood data shown for ZIP Code: 24151, Rocky Mount, VA area.
| 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 |
Residential
8,293
Single Family
8,145
Multi-Family
148
Businesses
803
Date | Event | Price |
|---|---|---|
| 2025-04-07 | Listed for sale | $878,000 |
| 2021-11-18 | Sold | $37,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-09 | $3775.40 | 257.76% | $878,000 | 407.51% |
| 2023-04-09 | $1055.30 | 355.26% | $173,000 | N/A |
| 2022-04-09 | $231.80 | N/A | $173,000 | 355.26% |
Listed by: Callie Dalton • LONG & FOSTER - OAK GROVE
Mls Name: RVAR
Mls Provider:
Mls ID: #915976
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