1635 Colonial AveSmithfieldVA23430
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1635 Colonial Ave, Smithfield, VA, 23430 earns from $3,570/mo rent with a $3,279/mo payment. Total monthly income totals $3,570/mo. ROI tracks 17.69% on current figures, and rental yield reads 6.39% at a $669,900 purchase. Equity gained on principal adds $4,323/yr, and 5% annual appreciation supports $185,081 over five years. Five-year ROI reaches 90.66% and total cumulative return in cash sums $199,809. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,570/mo property income instead of your personal income.
Single Family
Built in 2025
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Douglas Kellam • EXP Realty LLC
Mls Name: REIN Inc.
Mls ID: #10603409