229 Great Smoky WayLillingtonNC27546
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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 Lillington at 229 Great Smoky Way, Lillington, NC, 27546 generates $2,610/mo in rent, after a $2,568/mo payment. Total monthly income is $2,610/mo. Return on cash invested sits at 15.98% in year one, and rental yield is 5.97% on a $524,600 entry. Equity gained on principal adds $3,385/yr, while 5% annual appreciation builds toward $144,937 over five years. Five-year ROI reaches 81.6% and total cumulative return in cash sums $140,835. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,610/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27546, Lillington, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,340 (100%) |
| Owner Occupied HU | 5,690 (60.9%) |
| Renter Occupied HU | 2,571 (27.5%) |
| Vacant Housing Units | 1,079 (11.6%) |
| Median Home Value | $323,477 |
| Average Home Value | $334,710 |
Housing Distribution
Address Breakdown
Residential
8,659
Single Family
8,060
Multi-Family
599
Businesses
536
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Listed by: Kelsey Shurtleff • DRB Group North Carolina LLC
Mls Name: Doorify MLS
Mls ID: #10123139