196 Marlin LnSmithfieldNC27577
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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 Smithfield at 196 Marlin Ln, Smithfield, NC, 27577 earns $206/mo cash flow from $1,451/mo rent with a $974/mo payment. Total monthly income totals $1,451/mo, and annual cash flow totals $2,474/yr on $65,969 capital. ROI tracks 23.66% on current figures, and rental yield reads 8.75% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 123.1% and total cumulative return in cash sums $81,210. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,451/mo property income instead of your personal income.
Manufactured
Built in 2000
0.38 Acres lot
$N/A/sqft
$32 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: Abbey Weispfenning • Keller Williams Realty
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10095208
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.