124 Winchester AveGreenvilleOH45331
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
Rental property for sale in Greenville at 124 Winchester Ave, Greenville, OH, 45331 priced at $189,000 pairs $1,513/mo rent with $270/mo cash flow after a $925/mo payment. Total monthly income equals $1,513/mo, and annual cash flow comes to $3,238/yr on $62,654 invested. Return on cash invested is 25.08% in year one, and rental yield stands at 9.61% on a $189,000 basis. Equity gained on principal adds $1,220/yr, and 5% annual appreciation accumulates to $52,217 by year five. Five-year ROI measures 131.06% and total cumulative return in cash reaches $82,114. For financing, Ziffy Mortgage’s DSCR program evaluates $1,513/mo property income against a $925/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45331, Greenville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,540 (100%) |
| Owner Occupied HU | 6,485 (61.5%) |
| Renter Occupied HU | 3,166 (30.0%) |
| Vacant Housing Units | 889 ( 8.4%) |
| Median Home Value | $171,551 |
| Average Home Value | $205,806 |
Housing Distribution
Address Breakdown
Residential
9,937
Single Family
9,663
Multi-Family
274
Businesses
819
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Listed by: Darren Leis • Leis Realty
Mls Name: WRIST
Mls Provider:
Mls ID: #1039256
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.