37 Meadow Oaks CirSmithfieldNC27577
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
Investment property for sale in Smithfield at 37 Meadow Oaks Cir, Smithfield, NC, 27577 at $414,500 posts ROI 19.99% with $10/mo cash flow from $2,536/mo rent. Total monthly income equals $2,536/mo, and annual cash flow records $115/yr on $137,407 to close. Return on cash invested measures 19.99% and rental yield reads 7.34% at the current $414,500. Equity gained on principal adds $2,675/yr, and 5% annual appreciation supports $114,519 by year five. Five-year ROI prints 103.18% and total cumulative return in cash totals $141,776.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,536/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2007
0.59 Acres 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: Matthew Dover • Redfin Corporation
Mls Name: Doorify MLS
Mls ID: #10101263