124 Minton WaySmithfieldVA23430
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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
Total monthly income runs $3,967/mo, and a $3,421/mo payment. Purchase price stands at $699,000, and rental yield measures 6.81% with $3,967/mo rent. Return on cash invested shows 18.96% in year one, and 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 97.43% and total cumulative return in cash records $224,054. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,967/mo property income covering a $3,421/mo payment rather than investor’s personal income.
Single Family
Built in 2005
2.19 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: Jimmy Auvil • 1st Advantage Realty LLC
Mls Name: REIN Inc.
Mls ID: #10614458