10592 Horseshoe RdLynchburgOH45142
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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 Lynchburg at 10592 Horseshoe Rd, Lynchburg, OH, 45142 generates $1,645/mo in rent, after a $1,272/mo payment. Total monthly income is $1,645/mo. Return on cash invested sits at 19.01% in year one, and rental yield is 7.6% on a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 98.57% and total cumulative return in cash sums $84,922. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,645/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
2.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45142, Lynchburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,908 (100%) |
| Owner Occupied HU | 1,383 (72.5%) |
| Renter Occupied HU | 380 (19.9%) |
| Vacant Housing Units | 145 ( 7.6%) |
| Median Home Value | $174,830 |
| Average Home Value | $249,890 |
Housing Distribution
Address Breakdown
Residential
1,245
Single Family
1,245
Multi-Family
0
Businesses
9
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