138 Paulman County RdMingo JunctionOH43938
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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
Rental property for sale in Mingo Junction at 138 Paulman County Rd, Mingo Junction, OH, 43938 offers $1,080/mo rent that, after a $710/mo payment, leaves $126/mo cash flow. Total monthly income is $1,080/mo, and annual cash flow is $1,511/yr on $48,068 cash. Return on cash invested measures 23.05% in year one, and rental yield stands at 8.94% at a $145,000 entry. Equity gained on principal adds $936/yr while 5% annual appreciation compounds into $40,061 by year five. Five-year ROI records 120.2% and total cumulative return in cash reaches $57,776. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,080/mo property income versus a $710/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43938, Mingo Junction, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,407 (100%) |
| Owner Occupied HU | 1,528 (63.5%) |
| Renter Occupied HU | 571 (23.7%) |
| Vacant Housing Units | 308 (12.8%) |
| Median Home Value | $99,673 |
| Average Home Value | $129,524 |
Housing Distribution
Address Breakdown
Residential
2,303
Single Family
2,228
Multi-Family
75
Businesses
99
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Listed by: Nathan Slussar • Harvey Goodman, REALTOR
Mls Name: MLS Now
Mls ID: #5172625