Davidson Plan, Finley Landing: Hanover Collection, Smithfield, NC, 27577 | $259/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Smithfield at Davidson Plan, Finley Landing: Hanover Collection, Smithfield, NC, 27577 offers a 8.18% rental yield on a $357,990 purchase with $2,441/mo rent. Total monthly income registers $2,441/mo, and a $1,752/mo payment leaves $259/mo available for distribution. Annual cash flow reaches $3,113/yr on $118,674 to close, and return on cash invested stands at 22.53% in year one. Equity gained on principal adds $2,310/yr while 5% annual appreciation supports $98,906 over five years. Portfolio math shows five-year ROI at 116.79% and total cumulative return in cash at $138,602. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,441/mo property income against a $1,752/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

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