104 West BlvdMingo JunctionOH43938
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 Mingo Junction at 104 West Blvd, Mingo Junction, OH, 43938 priced at $164,500 pairs $1,309/mo rent with $227/mo cash flow after a $805/mo payment. Total monthly income equals $1,309/mo, and annual cash flow comes to $2,725/yr on $54,532 invested. Return on cash invested is 24.91% in year one, and rental yield stands at 9.55% on a $164,500 basis. Equity gained on principal adds $1,061/yr, and 5% annual appreciation accumulates to $45,448 by year five. Five-year ROI measures 130.23% and total cumulative return in cash reaches $71,014. For financing, Ziffy Mortgage’s DSCR program evaluates $1,309/mo property income against a $805/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1959
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43938, Mingo Junction, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,407 (100%) |
| Owner Occupied HU | 1,528 (63.5%) |
| Renter Occupied HU | 571 (23.7%) |
| Vacant Housing Units | 308 (12.8%) |
| Median Home Value | $99,673 |
| Average Home Value | $129,524 |
Housing Distribution
Address Breakdown
Residential
2,303
Single Family
2,228
Multi-Family
75
Businesses
99
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Nearby investment properties with comparable prices
Listed by: Lorrie Raymond • Harvey Goodman, REALTOR
Mls Name: MLS Now
Mls Provider:
Mls ID: #5129912
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