369 Hopewell Branch CtSmithfieldNC27577
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 369 Hopewell Branch Ct, Smithfield, NC, 27577 priced at $360,500 pairs $2,515/mo rent with $318/mo cash flow after a $1,764/mo payment. Total monthly income equals $2,515/mo, and annual cash flow comes to $3,821/yr on $119,506 invested. Return on cash invested is 23.11% in year one, and rental yield stands at 8.37% on a $360,500 basis. Equity gained on principal adds $2,326/yr, and 5% annual appreciation accumulates to $99,600 by year five. Five-year ROI measures 119.87% and total cumulative return in cash reaches $143,254. For financing, Ziffy Mortgage’s DSCR program evaluates $2,515/mo property income against a $1,764/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
6,969 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Charlotte Cox • Adams Homes Realty, Inc
Mls Name: Doorify MLS
Mls ID: #10107526