130 Hillside DrEast PalestineOH44413
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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 East Palestine at 130 Hillside Dr, East Palestine, OH, 44413 with 5% annual appreciation on a $245,000 basis while $2,197/mo rent supports operations. Total monthly income totals $2,197/mo and a $1,199/mo payment preserves $586/mo for cash returns. Annual cash flow comes to $7,027/yr on $81,218 deployed, and return on cash invested reaches 28.56% in year one. Equity gained on principal adds $1,581/yr, and five-year appreciation sums $67,689 alongside rental yield of 10.76%. Five-year ROI measures 149.76% and total cumulative return in cash totals $121,632.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,197/mo property income versus a $1,199/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44413, East Palestine, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,182 (100%) |
| Owner Occupied HU | 2,244 (70.5%) |
| Renter Occupied HU | 636 (20.0%) |
| Vacant Housing Units | 302 ( 9.5%) |
| Median Home Value | $159,827 |
| Average Home Value | $224,500 |
Housing Distribution
Address Breakdown
Residential
2,985
Single Family
2,930
Multi-Family
55
Businesses
243
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Listed by: Sarah Hjort • LPT Realty
Mls Name: MLS Now
Mls Provider:
Mls ID: #5122598
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