111 Willow Wood AveSmithfieldVA23430
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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
Rental property for sale in Smithfield at 111 Willow Wood Ave, Smithfield, VA, 23430 offers $3,150/mo rent that, after a $2,178/mo payment, leaves $490/mo cash flow. Total monthly income is $3,150/mo, and annual cash flow is $5,880/yr on $147,484 cash. Return on cash invested measures 23.9% in year one, and rental yield stands at 8.5% at a $444,900 entry. Equity gained on principal adds $2,871/yr while 5% annual appreciation compounds into $122,918 by year five. Five-year ROI records 123.97% and total cumulative return in cash reaches $182,833. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,150/mo property income versus a $2,178/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23430, Smithfield, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,297 (100%) |
| Owner Occupied HU | 6,444 (77.7%) |
| Renter Occupied HU | 1,252 (15.1%) |
| Vacant Housing Units | 601 ( 7.2%) |
| Median Home Value | $411,774 |
| Average Home Value | $449,145 |
Housing Distribution
Address Breakdown
Residential
8,029
Single Family
8,029
Multi-Family
0
Businesses
345
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Listed by: Steve Marable • Iron Valley Real Estate HR
Mls Name: REIN Inc.
Mls ID: #10596315