16606 Township Road 206RidgewayOH43345
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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 Ridgeway at 16606 Township Road 206, Ridgeway, OH, 43345 listed at $325,000 pairs $2,198/mo rent with a $1,591/mo payment to leave $60/mo cash flow. Total monthly income runs $2,198/mo, and annual cash flow reaches $719/yr on $107,738 cash to close. Return on cash invested measures 20.58% in year one, and rental yield registers 8.12% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 106.93% and total cumulative return in cash totals $115,201. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,198/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1994
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43345, Ridgeway, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 362 (100%) |
| Owner Occupied HU | 293 (80.9%) |
| Renter Occupied HU | 39 (10.8%) |
| Vacant Housing Units | 30 ( 8.3%) |
| Median Home Value | $216,776 |
| Average Home Value | $237,321 |
Housing Distribution
Address Breakdown
Residential
306
Single Family
306
Multi-Family
0
Businesses
10
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Listed by: Antwilla Davis • Century 21 Sunway Realty-Kenton
Mls Name: WCAR OH
Mls Provider:
Mls ID: #306594
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.