109 Cheshire Farm DrSmithfieldNC27577
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
Rental property for sale in Smithfield at 109 Cheshire Farm Dr, Smithfield, NC, 27577 offers $2,070/mo rent that, after a $1,875/mo payment. Total monthly income is $2,070/mo. Return on cash invested measures 16.97% in year one, and rental yield stands at 6.48% at a $383,085 entry. Equity gained on principal adds $2,472/yr while 5% annual appreciation compounds into $105,839 by year five. Five-year ROI records 87.14% and total cumulative return in cash reaches $110,661. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,070/mo property income versus a $1,875/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
1.24 Acres lot
$N/A/sqft
$550 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27577, Smithfield, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,080 (100%) |
| Owner Occupied HU | 7,081 (63.9%) |
| Renter Occupied HU | 3,305 (29.8%) |
| Vacant Housing Units | 694 ( 6.3%) |
| Median Home Value | $297,658 |
| Average Home Value | $316,510 |
Housing Distribution
Address Breakdown
Residential
10,438
Single Family
10,287
Multi-Family
151
Businesses
1,187
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ross Franco • SDH Raleigh LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10135552
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.