150 Wheeler RdPiketonOH45661
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 Piketon at 150 Wheeler Rd, Piketon, OH, 45661 offers a 8.52% rental yield on a $109,000 purchase with $774/mo rent. Total monthly income registers $774/mo, and a $534/mo payment leaves $57/mo available for distribution. Annual cash flow reaches $678/yr on $36,134 to close, and return on cash invested stands at 21.79% in year one. Equity gained on principal adds $703/yr while 5% annual appreciation supports $30,115 over five years. Portfolio math shows five-year ROI at 113.47% and total cumulative return in cash at $41,002. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $774/mo property income against a $534/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45661, Piketon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,921 (100%) |
| Owner Occupied HU | 1,715 (58.7%) |
| Renter Occupied HU | 887 (30.4%) |
| Vacant Housing Units | 319 (10.9%) |
| Median Home Value | $169,622 |
| Average Home Value | $198,984 |
Housing Distribution
Address Breakdown
Residential
2,794
Single Family
2,794
Multi-Family
0
Businesses
177
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices