15390 16th RdPioneerOH43554
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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
Rental property for sale in Pioneer at 15390 16th Rd, Pioneer, OH, 43554 generates $1,165/mo in rent and, after a $710/mo payment, leaves $211/mo in cash flow. Total monthly income is $1,165/mo, and annual cash flow is $2,531/yr on $48,068 invested. Return on cash invested sits at 25.17% in year one, and rental yield is 9.64% on a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 131.61% and total cumulative return in cash sums $63,260. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,165/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43554, Pioneer, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,133 (100%) |
| Owner Occupied HU | 750 (66.2%) |
| Renter Occupied HU | 278 (24.5%) |
| Vacant Housing Units | 105 ( 9.3%) |
| Median Home Value | $158,981 |
| Average Home Value | $195,557 |
Housing Distribution
Address Breakdown
Residential
666
Single Family
666
Multi-Family
0
Businesses
71
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