1539 3rd StWest PortsmouthOH45663
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 Portsmouth at 1539 3rd St, West Portsmouth, OH, 45663 earns $180/mo cash flow from $1,100/mo rent with a $685/mo payment. Total monthly income totals $1,100/mo, and annual cash flow totals $2,154/yr on $46,377 capital. ROI tracks 24.55% on current figures, and rental yield reads 9.44% at a $139,900 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 over five years. Five-year ROI reaches 128.32% and total cumulative return in cash sums $59,511. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,100/mo property income instead of your personal income.
Single Family
Built in 1920
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45663, West Portsmouth, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,950 (100%) |
| Owner Occupied HU | 1,904 (64.5%) |
| Renter Occupied HU | 650 (22.0%) |
| Vacant Housing Units | 396 (13.4%) |
| Median Home Value | $146,154 |
| Average Home Value | $180,596 |
Housing Distribution
Address Breakdown
Residential
2,705
Single Family
2,705
Multi-Family
0
Businesses
97
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Listed by: Molly O'Bannion • Sinclair Real Estate
Mls Name: GPABR
Mls ID: #153998