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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Salem at 14609 Duck Creek Rd, Salem, OH, 44460 generates $960/mo in rent and, after a $538/mo payment, leaves $237/mo in cash flow. Total monthly income is $960/mo, and annual cash flow is $2,842/yr on $36,465 invested. Return on cash invested sits at 27.7% in year one, and rental yield is 10.47% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 145.16% and total cumulative return in cash sums $52,932. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $960/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
1.55 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 44460, Salem, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,679 (100%) |
| Owner Occupied HU | 7,942 (68.0%) |
| Renter Occupied HU | 2,763 (23.7%) |
| Vacant Housing Units | 974 ( 8.3%) |
| Median Home Value | $189,306 |
| Average Home Value | $248,463 |
Residential
11,077
Single Family
10,660
Multi-Family
417
Businesses
840
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Amy J Andrews • Howard Hanna
Mls Name: MLS Now
Mls ID: #5152201
