214 Oak Barrel RdSmithfieldNC27577
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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 214 Oak Barrel Rd, Smithfield, NC, 27577 at $341,240 posts ROI 24.53% with $436/mo cash flow from $2,515/mo rent. Total monthly income equals $2,515/mo, and annual cash flow records $5,226/yr on $113,121 to close. Return on cash invested measures 24.53% and rental yield reads 8.84% at the current $341,240. Equity gained on principal adds $2,202/yr, and 5% annual appreciation supports $94,278 by year five. Five-year ROI prints 127.5% and total cumulative return in cash totals $144,228.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,515/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
N/A 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: Online Sales Team Raleigh • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A