12395 Foundry Hill RdHanovertonOH44423
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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 Hanoverton at 12395 Foundry Hill Rd, Hanoverton, OH, 44423 listed at $270,000 pairs $1,621/mo rent with a $1,322/mo payment. Total monthly income runs $1,621/mo. Return on cash invested measures 17.82% in year one, and rental yield registers 7.2% at a $270,000 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,596 by year five. Five-year ROI tracks 92.19% and total cumulative return in cash totals $82,513. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,621/mo property income relative to a $1,322/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1957
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44423, Hanoverton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,001 (100%) |
| Owner Occupied HU | 709 (70.8%) |
| Renter Occupied HU | 150 (15.0%) |
| Vacant Housing Units | 142 (14.2%) |
| Median Home Value | $226,656 |
| Average Home Value | $279,150 |
Housing Distribution
Address Breakdown
Residential
996
Single Family
996
Multi-Family
0
Businesses
44
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Listed by: Cindy L Lautzenheiser • Howard Hanna
Mls Name: MLS Now
Mls ID: #5119247