119 Wrights Run RdMc DermottOH45652
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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 Mc Dermott at 119 Wrights Run Rd, Mc Dermott, OH, 45652 uses $38,123 cash to close to unlock $8,501/yr annual cash flow and $708/mo monthly cash flow. Total monthly income runs $1,465/mo, and a $563/mo payment keeps the spread at $708/mo. Purchase price stands at $115,000, and rental yield measures 15.29% with $1,465/mo rent. Return on cash invested shows 42.21% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 222.98% and total cumulative return in cash records $85,005. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,465/mo property income covering a $563/mo payment rather than investor’s personal income.
Single Family
Built in 1979
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45652, Mc Dermott, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,290 (100%) |
| Owner Occupied HU | 952 (73.8%) |
| Renter Occupied HU | 232 (18.0%) |
| Vacant Housing Units | 106 ( 8.2%) |
| Median Home Value | $204,671 |
| Average Home Value | $207,999 |
Housing Distribution
Address Breakdown
Residential
1,204
Single Family
1,204
Multi-Family
0
Businesses
30
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Listed by: Jeremiah Bruch • CENTURY 21 Empire Realty SE
Mls Name: GPABR
Mls ID: #152091
Disclaimer: Copyright Greater Portsmouth Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.