1416 Minosa LnWest SalemOH44287
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
Investment property for sale in West Salem at 1416 Minosa Ln, West Salem, OH, 44287 earns $126/mo cash flow from $1,079/mo rent with a $709/mo payment. Total monthly income totals $1,079/mo, and annual cash flow totals $1,513/yr on $48,034 capital. ROI tracks 23.06% on current figures, and rental yield reads 8.94% at a $144,900 purchase. Equity gained on principal adds $935/yr, and 5% annual appreciation supports $40,033 over five years. Five-year ROI reaches 120.34% and total cumulative return in cash sums $57,805. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,079/mo property income instead of your personal income.
Single Family
Built in 1978
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44287, West Salem, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,201 (100%) |
| Owner Occupied HU | 2,547 (79.6%) |
| Renter Occupied HU | 404 (12.6%) |
| Vacant Housing Units | 250 ( 7.8%) |
| Median Home Value | $216,776 |
| Average Home Value | $286,347 |
Housing Distribution
Address Breakdown
Residential
2,879
Single Family
2,289
Multi-Family
590
Businesses
109
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather L Dimitrov • Keller Williams Elevate
Mls Name: MLS Now
Mls ID: #5158558