121 1st StPowhatan PointOH43942
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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 Powhatan Point at 121 1st St, Powhatan Point, OH, 43942 offers a 6.24% rental yield on a $150,000 purchase with $780/mo rent. 93% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 76.68% and total cumulative return in cash at $38,130. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $780/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
8,315 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43942, Powhatan Point, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,159 (100%) |
| Owner Occupied HU | 760 (65.6%) |
| Renter Occupied HU | 255 (22.0%) |
| Vacant Housing Units | 144 (12.4%) |
| Median Home Value | $150,373 |
| Average Home Value | $177,201 |
Housing Distribution
Address Breakdown
Residential
1,013
Single Family
1,010
Multi-Family
3
Businesses
59
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Listed by: Kelsey Cromar • RE/MAX Broadwater
Mls Name: MLS Now
Mls ID: #5181324