1216 S 4th StIrontonOH45638
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ironton at 1216 S 4th St, Ironton, OH, 45638 uses $41,438 cash to close to unlock $1,903/yr annual cash flow and $159/mo monthly cash flow. Total monthly income runs $981/mo, and a $612/mo payment keeps the spread at $159/mo. Purchase price stands at $125,000, and rental yield measures 9.42% with $981/mo rent. Return on cash invested shows 24.5% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 128.04% and total cumulative return in cash records $53,057. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $981/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.40 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices