84 Vance St, Roanoke Rapids, NC, 27870 | $410/mo Cash Flow

Recently Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
1029 sft

110 Johnston St, Littleton, NC, 27850

3 Bed
2 Bath
1100 sft

600 Williams St, Roanoke Rapids, NC, 27870

3 Bed
2 Bath
1460 sft

424 Washington St, Roanoke Rapids, NC, 27870

3 Bed
2 Bath
1056 sft

1115 Georgia Ave, Roanoke Rapids, NC, 27870

Nearby investment properties with comparable prices

4 Bed
2 Bath
1664 sft

414 W Jefferson St, Jackson, NC, 27845

3 Bed
1 Bath
1212 sft

525 Hamilton St, Roanoke Rapids, NC, 27870

3 Bed
2 Bath
1691 sft

111 Jefferson St, Emporia, VA, 23847

3 Bed
2 Bath
1387 sft

500 Peachtree St, Emporia, VA, 23847

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Roanoke Rapids at 84 Vance St, Roanoke Rapids, NC, 27870 priced at $210,000 converts $1,690/mo rent into $410/mo cash flow after a $1,028/mo obligation. Total monthly income equals $1,690/mo, and annual cash flow totals $4,920/yr on $69,615 invested. Return on cash invested prints 26.98% in year one, and rental yield reads 9.66% against a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation compiles into $58,019 by year five. Five-year ROI reaches 140.6% and total cumulative return in cash sums $97,876. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,690/mo property income covering a $1,028/mo payment, not borrower’s personal income.

Single Family

Built in 1952

8,799 sqft 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