7700 Michelle RdRocky MountNC27803
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 7700 Michelle Rd, Rocky Mount, NC, 27803 at $309,490 posts ROI 32.13% with $1,045/mo cash flow from $2,964/mo rent. Total monthly income equals $2,964/mo, and annual cash flow records $12,536/yr on $102,596 to close. Return on cash invested measures 32.13% and rental yield reads 11.49% at the current $309,490. Equity gained on principal adds $1,997/yr, and 5% annual appreciation supports $85,506 by year five. Five-year ROI prints 168.38% and total cumulative return in cash totals $172,755.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,964/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
0.50 Acres lot
$N/A/sqft
$395 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27803, Rocky Mount, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,440 (100%) |
| Owner Occupied HU | 5,555 (53.2%) |
| Renter Occupied HU | 3,920 (37.5%) |
| Vacant Housing Units | 965 ( 9.2%) |
| Median Home Value | $206,523 |
| Average Home Value | $233,303 |
Housing Distribution
Address Breakdown
Residential
9,205
Single Family
8,940
Multi-Family
265
Businesses
389
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Samuel James Bailey • D.R. Horton, Inc.
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10033455
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