13946 Foundry Hill RdHanovertonOH44423
INVESTMENT ANALYSIS
Investment Verdict
Solid Income13946 Foundry Hill Rd, Hanoverton, OH, 44423 in Hanoverton earns a respectable 9.28% gross yield at $169,900, but after the $805/mo mortgage the net cash flow is $196/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.63) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $46,940 over five years, making equity the dominant return driver. Total projected return: $74,185.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.2% |
| Monthly Cash Flow | $196 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,314 |
| Total Monthly Debt Service | $1,091 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1966
2.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44423, Hanoverton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,001 (100%) |
| Owner Occupied HU | 709 (70.8%) |
| Renter Occupied HU | 150 (15.0%) |
| Vacant Housing Units | 142 (14.2%) |
| Median Home Value | $226,656 |
| Average Home Value | $279,150 |
Housing Distribution
Address Breakdown
Residential
996
Single Family
996
Multi-Family
0
Businesses
44
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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
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Listed by: N/A • N/A
Mls Name: MLS Now
Mls Provider:
Mls ID: #5241166
