395 Thompson Overlook WaySmithfieldNC27577
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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 395 Thompson Overlook Way, Smithfield, NC, 27577 with 5% annual appreciation on a $288,490 basis while $2,096/mo rent supports operations. Total monthly income totals $2,096/mo and a $1,412/mo payment preserves $338/mo for cash returns. Annual cash flow comes to $4,054/yr on $95,634 deployed, and return on cash invested reaches 24.15% in year one. Equity gained on principal adds $1,862/yr, and five-year appreciation sums $79,704 alongside rental yield of 8.72%. Five-year ROI measures 125.44% and total cumulative return in cash totals $119,962.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,096/mo property income versus a $1,412/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
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: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A