1238 County Road 19Mingo JunctionOH43938
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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 Mingo Junction at 1238 County Road 19, Mingo Junction, OH, 43938 generates $1,080/mo in rent, after a $1,370/mo payment. Total monthly income is $1,080/mo. Return on cash invested sits at 10.07% in year one, and rental yield is 4.63% on a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 50.57% and total cumulative return in cash sums $46,941. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,080/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43938, Mingo Junction, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,407 (100%) |
| Owner Occupied HU | 1,528 (63.5%) |
| Renter Occupied HU | 571 (23.7%) |
| Vacant Housing Units | 308 (12.8%) |
| Median Home Value | $99,673 |
| Average Home Value | $129,524 |
Housing Distribution
Address Breakdown
Residential
2,303
Single Family
2,228
Multi-Family
75
Businesses
99
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Listed by: Taylor J Cain • Gary W. Cain Realty & Auctioneers,LLC
Mls Name: MLS Now
Mls ID: #5179973