13881 Salem Church St NEParisOH44669
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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 Paris at 13881 Salem Church St NE, Paris, OH, 44669 listed at $550,000 pairs $3,232/mo rent with a $2,692/mo payment. Total monthly income runs $3,232/mo. Return on cash invested measures 17.5% in year one, and rental yield registers 7.05% at a $550,000 basis. Equity gained on principal adds $3,549/yr, and annual property appreciation at 5% supports $151,955 by year five. Five-year ROI tracks 90.43% and total cumulative return in cash totals $163,630. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,232/mo property income relative to a $2,692/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
3.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44669, Paris, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 529 (100%) |
| Owner Occupied HU | 416 (78.6%) |
| Renter Occupied HU | 79 (14.9%) |
| Vacant Housing Units | 34 ( 6.4%) |
| Median Home Value | $235,965 |
| Average Home Value | $263,774 |
Housing Distribution
Address Breakdown
Residential
569
Single Family
569
Multi-Family
0
Businesses
20
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