215 N 4th StSmithfieldNC27577
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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 215 N 4th St, Smithfield, NC, 27577 uses $47,508 cash to close to unlock $9,396/yr annual cash flow and $783/mo monthly cash flow. Total monthly income runs $1,656/mo, and a $701/mo payment keeps the spread at $783/mo. Purchase price stands at $143,311, and rental yield measures 13.87% with $1,656/mo rent. Return on cash invested shows 39.69% in year one, and 5% annual appreciation builds toward $39,594 over five years. Five-year ROI reaches 208.88% and total cumulative return in cash records $99,234. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,656/mo property income covering a $701/mo payment rather than investor’s personal income.
Single Family
Built in 1930
3,049 sqft 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: Lydia Moore • Coldwell Banker Advantage-Smit
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #2527940
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.