22 Cheshire Farms 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 22 Cheshire Farms Dr, Smithfield, NC, 27577 priced at $381,470 pairs $2,515/mo rent with $144/mo cash flow after a $1,867/mo payment. Total monthly income equals $2,515/mo, and annual cash flow comes to $1,733/yr on $126,457 invested. Return on cash invested is 21.28% in year one, and rental yield stands at 7.91% on a $381,470 basis. Equity gained on principal adds $2,462/yr, and 5% annual appreciation accumulates to $105,393 by year five. Five-year ROI measures 110.23% and total cumulative return in cash reaches $139,398. For financing, Ziffy Mortgage’s DSCR program evaluates $2,515/mo property income against a $1,867/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
0.69 Acres lot
$N/A/sqft
$550 annually 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: Ross Franco • SDH Raleigh LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10121992
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.