1408 N 9th StMartins FerryOH43935
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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 Martins Ferry at 1408 N 9th St, Martins Ferry, OH, 43935 generates $980/mo in rent and, after a $709/mo payment, leaves $27/mo in cash flow. Total monthly income is $980/mo, and annual cash flow is $325/yr on $48,034 invested. Return on cash invested sits at 20.59% in year one, and rental yield is 8.12% on a $144,900 entry. Equity gained on principal adds $935/yr, while 5% annual appreciation builds toward $40,033 over five years. Five-year ROI reaches 107.1% and total cumulative return in cash sums $51,445. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $980/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43935, Martins Ferry, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,079 (100%) |
| Owner Occupied HU | 2,250 (55.2%) |
| Renter Occupied HU | 1,262 (30.9%) |
| Vacant Housing Units | 567 (13.9%) |
| Median Home Value | $102,682 |
| Average Home Value | $136,140 |
Housing Distribution
Address Breakdown
Residential
3,655
Single Family
3,334
Multi-Family
321
Businesses
262
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Listed by: Laney J Ross • Harvey Goodman, REALTOR
Mls Name: MLS Now
Mls ID: #5129875