103 Smith StNorth BaltimoreOH45872
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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 North Baltimore at 103 Smith St, North Baltimore, OH, 45872 offers a 9.61% rental yield on a $124,900 purchase with $1,000/mo rent. Total monthly income registers $1,000/mo, and a $611/mo payment leaves $179/mo available for distribution. Annual cash flow reaches $2,145/yr on $41,404 to close, and return on cash invested stands at 25.09% in year one. Equity gained on principal adds $806/yr while 5% annual appreciation supports $34,508 over five years. Portfolio math shows five-year ROI at 131.17% and total cumulative return in cash at $54,310. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,000/mo property income against a $611/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45872, North Baltimore, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,793 (100%) |
| Owner Occupied HU | 1,213 (67.7%) |
| Renter Occupied HU | 461 (25.7%) |
| Vacant Housing Units | 119 ( 6.6%) |
| Median Home Value | $140,453 |
| Average Home Value | $199,660 |
Housing Distribution
Address Breakdown
Residential
1,689
Single Family
1,566
Multi-Family
123
Businesses
126
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Listed by: Kevin Welch • RE/MAX Preferred Associates
Mls Name: NORIS
Mls ID: #10001401