135 Township Road 85 EChesapeakeOH45619
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 Chesapeake at 135 Township Road 85 E, Chesapeake, OH, 45619 generates $1,345/mo in rent and, after a $827/mo payment, leaves $234/mo in cash flow. Total monthly income is $1,345/mo, and annual cash flow is $2,802/yr on $56,024 invested. Return on cash invested sits at 24.91% in year one, and rental yield is 9.55% on a $169,000 entry. Equity gained on principal adds $1,091/yr, while 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 130.2% and total cumulative return in cash sums $72,943. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,345/mo property income rather than buyer’s personal income.
Single Family
Built in 1991
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45619, Chesapeake, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,322 (100%) |
| Owner Occupied HU | 2,187 (65.8%) |
| Renter Occupied HU | 725 (21.8%) |
| Vacant Housing Units | 410 (12.3%) |
| Median Home Value | $161,464 |
| Average Home Value | $184,625 |
Housing Distribution
Address Breakdown
Residential
3,369
Single Family
3,330
Multi-Family
39
Businesses
191
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kevin McGuire • Mcguire Realty Company
Mls Name: HUNTMLS
Mls Provider:
Mls ID: #182225
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. Information is deemed reliable but not guaranteed.