813 S Franklin StRocky MountNC27803
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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 Rocky Mount at 813 S Franklin St, Rocky Mount, NC, 27803 with 5% annual appreciation on a $185,000 basis while $1,684/mo rent supports operations. Total monthly income totals $1,684/mo and a $905/mo payment preserves $557/mo for cash returns. Annual cash flow comes to $6,684/yr on $61,328 deployed, and return on cash invested reaches 30.81% in year one. Equity gained on principal adds $1,194/yr, and five-year appreciation sums $51,112 alongside rental yield of 10.92%. Five-year ROI measures 161.14% and total cumulative return in cash totals $98,823.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,684/mo property income versus a $905/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1910
7,840 sqft lot
$N/A/sqft
No 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
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Listed by: Ana Maria Lopez • Keystar Realty & Management LL
Mls Name: Doorify MLS
Mls ID: #10136199