122 E Smith StHicksvilleOH43526
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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
Rental property for sale in Hicksville at 122 E Smith St, Hicksville, OH, 43526 generates $2,525/mo in rent and, after a $734/mo payment, leaves $1,539/mo in cash flow. Total monthly income is $2,525/mo, and annual cash flow is $18,464/yr on $49,692 invested. Return on cash invested sits at 57.07% in year one, and rental yield is 20.21% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 302.63% and total cumulative return in cash sums $150,383. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,525/mo property income rather than buyer’s personal income.
Multi Family
Built in 1900
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43526, Hicksville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,528 (100%) |
| Owner Occupied HU | 1,873 (74.1%) |
| Renter Occupied HU | 473 (18.7%) |
| Vacant Housing Units | 182 ( 7.2%) |
| Median Home Value | $153,798 |
| Average Home Value | $205,088 |
Housing Distribution
Address Breakdown
Residential
2,396
Single Family
2,372
Multi-Family
24
Businesses
210
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Listed by: Riley Whitesell • Sam Switzer Realty LLC
Mls Name: NORIS
Mls ID: #6118276
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2024 NORIS. All rights reserved.