118 Township Road 1535ProctorvilleOH45669
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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 Proctorville at 118 Township Road 1535, Proctorville, OH, 45669 generates $3,224/mo in rent and, after a $1,933/mo payment, leaves $626/mo in cash flow. Total monthly income is $3,224/mo, and annual cash flow is $7,513/yr on $130,943 invested. Return on cash invested sits at 25.65% in year one, and rental yield is 9.79% on a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 134.16% and total cumulative return in cash sums $175,674. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,224/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45669, Proctorville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,635 (100%) |
| Owner Occupied HU | 3,326 (71.8%) |
| Renter Occupied HU | 923 (19.9%) |
| Vacant Housing Units | 386 ( 8.3%) |
| Median Home Value | $197,269 |
| Average Home Value | $224,709 |
Housing Distribution
Address Breakdown
Residential
4,455
Single Family
4,455
Multi-Family
0
Businesses
193
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Listed by: Beverly Wilson • Bunch Real Estate Associates
Mls Name: HUNTMLS
Mls ID: #181411