13 Cornerstone DrLucasvilleOH45648
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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 Lucasville at 13 Cornerstone Dr, Lucasville, OH, 45648 priced at $225,000 converts $1,530/mo rent into $50/mo cash flow after a $1,101/mo obligation. Total monthly income equals $1,530/mo, and annual cash flow totals $603/yr on $74,588 invested. Return on cash invested prints 20.72% in year one, and rental yield reads 8.16% against a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation compiles into $62,163 by year five. Five-year ROI reaches 107.74% and total cumulative return in cash sums $80,361. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,530/mo property income covering a $1,101/mo payment, not borrower’s personal income.
Townhouse
Built in 2024
3,676 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45648, Lucasville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,842 (100%) |
| Owner Occupied HU | 3,336 (68.9%) |
| Renter Occupied HU | 1,013 (20.9%) |
| Vacant Housing Units | 493 (10.2%) |
| Median Home Value | $193,361 |
| Average Home Value | $207,219 |
Housing Distribution
Address Breakdown
Residential
4,569
Single Family
4,569
Multi-Family
0
Businesses
165
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Nearby investment properties with comparable prices
Listed by: Donna Rayburn • Sinclair Real Estate
Mls Name: GPABR
Mls ID: #152214
Disclaimer: Copyright Greater Portsmouth Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.