243 Holton 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
Rental property for sale in Smithfield at 243 Holton St, Smithfield, NC, 27577 offers $2,070/mo rent that, after a $1,620/mo payment, leaves $53/mo cash flow. Total monthly income is $2,070/mo, and annual cash flow is $634/yr on $109,723 cash. Return on cash invested measures 20.49% in year one, and rental yield stands at 7.5% at a $330,990 entry. Equity gained on principal adds $2,136/yr while 5% annual appreciation compounds into $91,446 by year five. Five-year ROI records 105.8% and total cumulative return in cash reaches $116,085. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,070/mo property income versus a $1,620/mo payment rather than borrower’s personal income verification through W2s, Salary slips, 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 - Raleigh North
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A