158 Paramount DrSmithfieldNC27577
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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
Rental property for sale in Smithfield at 158 Paramount Dr, Smithfield, NC, 27577 priced at $239,990 converts $1,972/mo rent into $419/mo cash flow after a $1,175/mo obligation. Total monthly income equals $1,972/mo, and annual cash flow totals $5,028/yr on $79,557 invested. Return on cash invested prints 26.23% in year one, and rental yield reads 9.86% against a $239,990 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation compiles into $66,305 by year five. Five-year ROI reaches 137.15% and total cumulative return in cash sums $109,115. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,972/mo property income covering a $1,175/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
2,178 sqft lot
$N/A/sqft
$90 monthly 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
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Listed by: John Christy • Lennar Carolinas LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10108884
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.