11454 State Route 155 SECorningOH43730
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 Corning at 11454 State Route 155 SE, Corning, OH, 43730 offers a 10.79% rental yield on a $165,000 purchase with $1,483/mo rent. Total monthly income registers $1,483/mo, and a $808/mo payment leaves $397/mo available for distribution. Annual cash flow reaches $4,767/yr on $54,698 to close, and return on cash invested stands at 28.62% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 150.17% and total cumulative return in cash at $82,139. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,483/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1995
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43730, Corning, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,111 (100%) |
| Owner Occupied HU | 816 (73.4%) |
| Renter Occupied HU | 170 (15.3%) |
| Vacant Housing Units | 125 (11.3%) |
| Median Home Value | $185,870 |
| Average Home Value | $238,808 |
Housing Distribution
Address Breakdown
Residential
777
Single Family
777
Multi-Family
0
Businesses
32
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Listed by: Austin Downs • Rise Realty Co.
Mls Name: Athens County BOR
Mls Provider:
Mls ID: #2433516
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