1123 Minellen DrBridgeportOH43912
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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
Investment property for sale in Bridgeport at 1123 Minellen Dr, Bridgeport, OH, 43912 offers a 9.3% rental yield on a $145,000 purchase with $1,124/mo rent. Total monthly income registers $1,124/mo, and a $710/mo payment leaves $170/mo available for distribution. Annual cash flow reaches $2,039/yr on $48,068 to close, and return on cash invested stands at 24.15% in year one. Equity gained on principal adds $936/yr while 5% annual appreciation supports $40,061 over five years. Portfolio math shows five-year ROI at 126.09% and total cumulative return in cash at $60,608. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,124/mo property income against a $710/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43912, Bridgeport, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,511 (100%) |
| Owner Occupied HU | 2,139 (60.9%) |
| Renter Occupied HU | 804 (22.9%) |
| Vacant Housing Units | 568 (16.2%) |
| Median Home Value | $115,891 |
| Average Home Value | $153,129 |
Housing Distribution
Address Breakdown
Residential
2,938
Single Family
2,813
Multi-Family
125
Businesses
233
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Listed by: Garrison C Wolfe • RE/MAX Broadwater
Mls Name: MLS Now
Mls ID: #5172438