101 Auburn AveSouth PointOH45680
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
Rental property for sale in South Point at 101 Auburn Ave, South Point, OH, 45680 generates $2,287/mo in rent, after a $1,713/mo payment. Total monthly income is $2,287/mo. Return on cash invested sits at 19.75% in year one, and rental yield is 7.84% on a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 102.51% and total cumulative return in cash sums $118,902. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,287/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45680, South Point, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,469 (100%) |
| Owner Occupied HU | 3,298 (60.3%) |
| Renter Occupied HU | 1,625 (29.7%) |
| Vacant Housing Units | 546 ( 10.0%) |
| Median Home Value | $161,027 |
| Average Home Value | $182,771 |
Housing Distribution
Address Breakdown
Residential
5,406
Single Family
5,364
Multi-Family
42
Businesses
319
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather Williams • Bunch Real Estate Associates
Mls Name: HUNTMLS
Mls Provider:
Mls ID: #180356
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.