113 Clermont AveRussells PointOH43348
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
Investment property for sale in Russells Point at 113 Clermont Ave, Russells Point, OH, 43348 with 5% annual appreciation on a $170,000 basis while $1,933/mo rent supports operations. Total monthly income totals $1,933/mo and a $832/mo payment preserves $815/mo for cash returns. Annual cash flow comes to $9,778/yr on $56,355 deployed, and return on cash invested reaches 37.26% in year one. Equity gained on principal adds $1,097/yr, and five-year appreciation sums $46,968 alongside rental yield of 13.64%. Five-year ROI measures 196.41% and total cumulative return in cash totals $110,685.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,933/mo property income versus a $832/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43348, Russells Point, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,487 (100%) |
| Owner Occupied HU | 544 (36.6%) |
| Renter Occupied HU | 261 (17.6%) |
| Vacant Housing Units | 682 (45.9%) |
| Median Home Value | $218,750 |
| Average Home Value | $284,223 |
Housing Distribution
Address Breakdown
Residential
1,039
Single Family
1,036
Multi-Family
3
Businesses
122
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cory Burch • Choice Properties Real Estate
Mls Name: WRIST
Mls Provider:
Mls ID: #1038547
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.