286 Freedom Heights LnSmithfieldNC27577
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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 286 Freedom Heights Ln, Smithfield, NC, 27577 uses $127,584 cash to close to unlock $6,809/yr annual cash flow and $567/mo monthly cash flow. Total monthly income runs $2,957/mo, and a $1,884/mo payment keeps the spread at $567/mo. Purchase price stands at $384,870, and rental yield measures 9.22% with $2,957/mo rent. Return on cash invested shows 25.25% in year one, and 5% annual appreciation builds toward $106,332 over five years. Five-year ROI reaches 131.49% and total cumulative return in cash records $167,766. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,957/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Single Family
Built in 2025
0.93 Acres lot
$N/A/sqft
$525 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: Anna Polinski • SDH Raleigh LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10126425
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.