1126 Melick AveZanesvilleOH43701
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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 Zanesville at 1126 Melick Ave, Zanesville, OH, 43701 offers a 7.36% rental yield on a $175,000 purchase with $1,074/mo rent. 3% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 94.79% and total cumulative return in cash at $54,991. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,074/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1933
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43701, Zanesville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,840 (100%) |
| Owner Occupied HU | 14,947 (57.8%) |
| Renter Occupied HU | 8,881 (34.4%) |
| Vacant Housing Units | 2,012 ( 7.8%) |
| Median Home Value | $191,815 |
| Average Home Value | $220,684 |
Housing Distribution
Address Breakdown
Residential
24,195
Single Family
23,353
Multi-Family
842
Businesses
1,830
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Listed by: Danielle Leigh Fikes • JB Prindle Real Estate
Mls Name: MLS Now
Mls ID: #5183690