119 Remy StCoal GroveOH45638
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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 Coal Grove at 119 Remy St, Coal Grove, OH, 45638 offers a 10.79% rental yield on a $165,900 purchase with $1,492/mo rent. Total monthly income registers $1,492/mo, and a $812/mo payment leaves $401/mo available for distribution. Annual cash flow reaches $4,809/yr on $54,996 to close, and return on cash invested stands at 28.65% in year one. Equity gained on principal adds $1,071/yr while 5% annual appreciation supports $45,835 over five years. Portfolio math shows five-year ROI at 150.24% and total cumulative return in cash at $82,626. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,492/mo property income against a $812/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1999
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45638, Ironton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,043 (100%) |
| Owner Occupied HU | 5,319 (58.8%) |
| Renter Occupied HU | 2,626 (29.0%) |
| Vacant Housing Units | 1,098 (12.1%) |
| Median Home Value | $126,233 |
| Average Home Value | $151,706 |
Housing Distribution
Address Breakdown
Residential
8,724
Single Family
8,426
Multi-Family
298
Businesses
612
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Listed by: Robin Murdock • Murdock Realty
Mls Name: HUNTMLS
Mls ID: #181751