1165 Township Road 116Kitts HillOH45645
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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
Rental property for sale in Kitts Hill at 1165 Township Road 116, Kitts Hill, OH, 45645 generates $1,170/mo in rent, after a $2,839/mo payment. Total monthly income is $1,170/mo. Return on cash invested sits at 3.42% in year one, and rental yield is 2.42% on a $580,000 entry. Equity gained on principal adds $3,743/yr, while 5% annual appreciation builds toward $160,243 over five years. Five-year ROI reaches 14.93% and total cumulative return in cash sums $28,485. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,170/mo property income rather than buyer’s personal income.
Single Family
Built in 1925
151.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45645, Kitts Hill, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,120 (100%) |
| Owner Occupied HU | 837 (74.7%) |
| Renter Occupied HU | 161 (14.4%) |
| Vacant Housing Units | 122 (10.9%) |
| Median Home Value | $93,804 |
| Average Home Value | $120,729 |
Housing Distribution
Address Breakdown
Residential
1,115
Single Family
1,115
Multi-Family
0
Businesses
14
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Listed by: Joshua Imber • Base Camp Country Real Estate
Mls Name: My State MLS
Mls ID: #11324510