0 Eli Olive Rd

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0 Eli Olive Rd

Smithfield, NC 27577
Asking Price
$699K
Asset Type
Residential Land
Class
Class B

What's Special

12.4± Scenic Acres | Creek Frontage | No HOA | Estate, Farm & Recreation <ul><li>​12.4± acres of scenic land in Johnston County, NC</li><li>​Approximately 4.5 acres cleared and currently in agricultural production</li><li>​Seasonal creek frontage on three sides, providing exceptional privacy and natural beauty.</li><li>​Protected 50-foot riparian buffer</li><li>​Mature hardwoods, towering sycamores, and native muscadine vines</li><li>​Approximately 673 feet of road frontage</li><li>​Electricity available</li><li>​No HOA</li><li>​Minimal restrictions (manufactured hom

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NOI
$80,000
Cap Rate
11.44%
DSCR
1.93
Strong
Cash-on-Cash
18.36%
Monthly Payment
$3,458.271
Annual Cash Flow
$38,500.753

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