101 Main StSouth PointOH45680
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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 South Point at 101 Main St, South Point, OH, 45680 uses $56,322 cash to close to unlock $2,424/yr annual cash flow and $202/mo monthly cash flow. Total monthly income runs $1,320/mo, and a $832/mo payment keeps the spread at $202/mo. Purchase price stands at $169,900, and rental yield measures 9.32% with $1,320/mo rent. Return on cash invested shows 24.21% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 126.43% and total cumulative return in cash records $71,210. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,320/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1992
3,600 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
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Listed by: Heather Williams • Bunch Real Estate Associates
Mls Name: HUNTMLS
Mls Provider:
Mls ID: #182024
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.