150 Locust StWintersvilleOH43953
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 Wintersville at 150 Locust St, Wintersville, OH, 43953 offers a 12.74% rental yield on a $149,900 purchase with $1,591/mo rent. Total monthly income registers $1,591/mo, and a $734/mo payment leaves $605/mo available for distribution. Annual cash flow reaches $7,256/yr on $49,692 to close, and return on cash invested stands at 34.51% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 181.69% and total cumulative return in cash at $90,287. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,591/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43953, Steubenville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,374 (100%) |
| Owner Occupied HU | 3,407 (63.4%) |
| Renter Occupied HU | 1,551 (28.9%) |
| Vacant Housing Units | 416 ( 7.7%) |
| Median Home Value | $147,494 |
| Average Home Value | $192,023 |
Housing Distribution
Address Breakdown
Residential
5,302
Single Family
4,894
Multi-Family
408
Businesses
392
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Scott A Connors • Harvey Goodman, REALTOR
Mls Name: MLS Now
Mls ID: #5159894