842 Olive Branch DrSmithfieldNC27577
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 842 Olive Branch Dr, Smithfield, NC, 27577 with 5% annual appreciation on a $465,900 basis while $2,515/mo rent supports operations. 39% in year one. Equity gained on principal adds $3,006/yr, and five-year appreciation sums $128,720 alongside rental yield of 6.48%. Five-year ROI measures 89.2% and total cumulative return in cash totals $137,766. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,515/mo property income versus a $2,280/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2026
1.71 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelsey lee Hyman • RE/MAX SOUTHLAND REALTY II
Mls Name: Doorify MLS
Mls ID: #10140092