12 S. Ludlow St.PhillipsburgOH45354
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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 Phillipsburg at 12 S. Ludlow St, Phillipsburg, OH, 45354 uses $48,034 cash to close to unlock $5,905/yr annual cash flow and $492/mo monthly cash flow. Total monthly income runs $1,445/mo, and a $709/mo payment keeps the spread at $492/mo. Purchase price stands at $144,900, and rental yield measures 11.97% with $1,445/mo rent. Return on cash invested shows 32.2% in year one, and 5% annual appreciation builds toward $40,033 over five years. Five-year ROI reaches 169.38% and total cumulative return in cash records $81,361. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,445/mo property income covering a $709/mo payment rather than investor’s personal income.
Single Family
Built in 1935
3,959 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45354, Phillipsburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 147 (100%) |
| Owner Occupied HU | 100 (68.0%) |
| Renter Occupied HU | 30 (20.4%) |
| Vacant Housing Units | 17 (11.6%) |
| Median Home Value | $291,667 |
| Average Home Value | $290,825 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
24
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Listed by: Kelli Schulte • eXp Realty
Mls Name: DABR MLS
Mls ID: #939089