122 S 2nd StPowhatan PtOH43942
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 122 S 2nd St, Powhatan Pt, OH, 43942 in Powhatan Pt the bet is firmly on appreciation. Rental yield 2.84%. The 2.84% gross yield on a $330,000 price is below income-first thresholds, but 5%/yr value growth projects $91,173 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.53) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $36,219.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 2.8% | 6.2% |
| Monthly Cash Flow | $(1,391) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $780 |
| Total Monthly Debt Service | $2,039 |
| DSCR Ratio | 0.38x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 2018
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
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
Multi Family
Built in 2018
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jenna Mayeres • Real of Ohio
Mls Name: MLS Now
Mls ID: #5164868