32 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 32 Freedom Heights Ln, Smithfield, NC, 27577 earns $343/mo cash flow from $2,515/mo rent with a $1,745/mo payment. Total monthly income totals $2,515/mo, and annual cash flow totals $4,120/yr on $118,153 capital. ROI tracks 23.4% on current figures, and rental yield reads 8.47% at a $356,420 purchase. Equity gained on principal adds $2,300/yr, and 5% annual appreciation supports $98,472 over five years. Five-year ROI reaches 121.43% and total cumulative return in cash sums $143,473. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,515/mo property income instead of your personal income.
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: Ross Franco • Smith Douglas Homes
Mls Name: Smith Douglas Homes
Mls Provider:
Mls ID: #N/A