11170 Olde Towne PlSmithfieldVA23430
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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 11170 Olde Towne Pl, Smithfield, VA, 23430 listed at $635,000 pairs $3,733/mo rent with a $3,108/mo payment. Total monthly income runs $3,733/mo. Return on cash invested measures 19.7% in year one, and rental yield registers 7.05% at a $635,000 basis. Equity gained on principal adds $4,098/yr, and annual property appreciation at 5% supports $175,439 by year five. Five-year ROI tracks 101.43% and total cumulative return in cash totals $211,892. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,733/mo property income relative to a $3,108/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1993
0.28 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: Amanda Emanuel • BHHS RW Towne Realty
Mls Name: REIN Inc.
Mls ID: #10596883