168 Jon 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 168 Jon Dr, Smithfield, NC, 27577 offers $1,928/mo rent that, after a $1,302/mo payment, leaves $307/mo cash flow. Total monthly income is $1,928/mo, and annual cash flow is $3,682/yr on $88,179 cash. Return on cash invested measures 24.08% in year one, and rental yield stands at 8.7% at a $266,000 entry. Equity gained on principal adds $1,716/yr while 5% annual appreciation compounds into $73,491 by year five. Five-year ROI records 125.1% and total cumulative return in cash reaches $110,309. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,928/mo property income versus a $1,302/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
0.99 Acres lot
$N/A/sqft
No 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: Ashley N Nieves • Navigate Realty
Mls Name: Doorify MLS
Mls ID: #10129378