20480 W Creek 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 20480 W Creek Pl, Smithfield, VA, 23430 offers a 7.19% rental yield on a $725,000 purchase with $4,346/mo rent. Total monthly income registers $4,346/mo, and a $3,549/mo payment leaves $12/mo available for distribution. Annual cash flow reaches $139/yr on $238,525 to close, and return on cash invested stands at 20.12% in year one. Equity gained on principal adds $4,678/yr while 5% annual appreciation supports $200,304 over five years. Portfolio math shows five-year ROI at 103.65% and total cumulative return in cash at $247,241. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,346/mo property income against a $3,549/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
2.30 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: Jon May • Fathom Realty
Mls Name: REIN Inc.
Mls ID: #10614839