2130 Smith RdHope MillsNC28348
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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 Hope Mills at 2130 Smith Rd, Hope Mills, NC, 28348 generates $2,386/mo in rent and, after a $1,671/mo payment, leaves $305/mo in cash flow. Total monthly income is $2,386/mo, and annual cash flow is $3,662/yr on $113,207 invested. Return on cash invested sits at 23.14% in year one, and rental yield is 8.38% on a $341,500 entry. Equity gained on principal adds $2,204/yr, while 5% annual appreciation builds toward $94,350 over five years. Five-year ROI reaches 120.1% and total cumulative return in cash sums $135,957. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,386/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28348, Hope Mills, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,809 (100%) |
| Owner Occupied HU | 9,909 (66.9%) |
| Renter Occupied HU | 4,097 (27.7%) |
| Vacant Housing Units | 803 ( 5.4%) |
| Median Home Value | $251,947 |
| Average Home Value | $268,694 |
Housing Distribution
Address Breakdown
Residential
15,019
Single Family
13,982
Multi-Family
1,037
Businesses
579
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Listed by: LONGLEAF TEAM POWERED BY LONGLEAF PROPERTIES • LONGLEAF PROPERTIES OF SANDHILLS LLC.
Mls Name: LPRMLS
Mls Provider:
Mls ID: #733251
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.