1203 24th StPortsmouthOH45662
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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 Portsmouth at 1203 24th St, Portsmouth, OH, 45662 earns $316/mo cash flow from $1,355/mo rent with a $773/mo payment. Total monthly income totals $1,355/mo, and annual cash flow totals $3,794/yr on $52,344 capital. ROI tracks 27.16% on current figures, and rental yield reads 10.3% at a $157,900 purchase. Equity gained on principal adds $1,019/yr, and 5% annual appreciation supports $43,625 over five years. Five-year ROI reaches 142.3% and total cumulative return in cash sums $74,486. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,355/mo property income instead of your personal income.
Single Family
Built in 1925
7,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45662, Portsmouth, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,081 (100%) |
| Owner Occupied HU | 6,010 (45.9%) |
| Renter Occupied HU | 5,273 (40.3%) |
| Vacant Housing Units | 1,798 (13.7%) |
| Median Home Value | $119,073 |
| Average Home Value | $158,551 |
Housing Distribution
Address Breakdown
Residential
12,139
Single Family
11,240
Multi-Family
899
Businesses
1,454
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Listed by: Nakia Steward • EXSELL Realty Group
Mls Name: GPABR
Mls ID: #154199