208 Saint Pauls 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 208 Saint Pauls Ave, Smithfield, VA, 23430 priced at $449,813 converts $2,786/mo rent into $97/mo cash flow after a $2,202/mo obligation. Total monthly income equals $2,786/mo, and annual cash flow totals $1,160/yr on $149,113 invested. Return on cash invested prints 20.69% in year one, and rental yield reads 7.43% against a $449,813 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation compiles into $124,275 by year five. Five-year ROI reaches 106.74% and total cumulative return in cash sums $159,163. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,786/mo property income covering a $2,202/mo payment, not borrower’s personal income.
Single Family
Built in 2024
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
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Listed by: Craig Logue • Cornerstone Homes
Mls Name: Cornerstone Homes
Mls ID: #N/A