1132 29th StPortsmouthOH45662
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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 Portsmouth at 1132 29th St, Portsmouth, OH, 45662 listed at $245,000 pairs $1,750/mo rent with a $1,199/mo payment to leave $139/mo cash flow. Total monthly income runs $1,750/mo, and annual cash flow reaches $1,663/yr on $81,218 cash to close. Return on cash invested measures 21.96% in year one, and rental yield registers 8.57% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 114.34% and total cumulative return in cash totals $92,868. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,750/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
6,573 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45662, Portsmouth, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,081 (100%) |
| Owner Occupied HU | 6,010 (45.9%) |
| Renter Occupied HU | 5,273 (40.3%) |
| Vacant Housing Units | 1,798 (13.7%) |
| Median Home Value | $119,073 |
| Average Home Value | $158,551 |
Housing Distribution
Address Breakdown
Residential
12,139
Single Family
11,240
Multi-Family
899
Businesses
1,454
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Listed by: D Michelle Euton Miller • Keller Williams Bluegrass Realty
Mls Name: GPABR
Mls ID: #154230