15618 State Route 116VenedociaOH45894
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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
Investment property for sale in Venedocia at 15618 State Route 116, Venedocia, OH, 45894 earns $159/mo cash flow from $2,066/mo rent with a $1,419/mo payment. Total monthly income totals $2,066/mo, and annual cash flow totals $1,906/yr on $96,135 capital. ROI tracks 21.89% on current figures, and rental yield reads 8.55% at a $290,000 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,122 over five years. Five-year ROI reaches 113.98% and total cumulative return in cash sums $109,576. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,066/mo property income instead of your personal income.
Single Family
Built in 1972
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45894, Venedocia, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 307 (100%) |
| Owner Occupied HU | 250 (81.4%) |
| Renter Occupied HU | 25 ( 8.1%) |
| Vacant Housing Units | 32 (10.4%) |
| Median Home Value | $184,211 |
| Average Home Value | $237,880 |
Housing Distribution
Address Breakdown
Residential
248
Single Family
248
Multi-Family
0
Businesses
9
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