1622 Waldren Hill RdPiketonOH45661
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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 Piketon at 1622 Waldren Hill Rd, Piketon, OH, 45661 priced at $405,000 converts $774/mo rent into after a $1,982/mo obligation. Total monthly income equals $774/mo. Return on cash invested prints 3.02% in year one, and rental yield reads 2.29% against a $405,000 entry. Equity gained on principal adds $2,613/yr, while 5% annual appreciation compiles into $111,894 by year five. Five-year ROI reaches 12.79% and total cumulative return in cash sums $17,174. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $774/mo property income covering a $1,982/mo payment, not borrower’s personal income.
Single Family
Built in 1991
5.43 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
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Listed by: Barbara Clemmons • Brewster Real Estate and Auction Co. LLC
Mls Name: Scioto Valley AOR
Mls Provider:
Mls ID: #195922
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.