16724 Us Highway 20PioneerOH43554
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 Pioneer at 16724 Us Highway 20, Pioneer, OH, 43554 uses $59,637 cash to close to unlock $4,742/yr annual cash flow and $395/mo monthly cash flow. Total monthly income runs $1,579/mo, and a $881/mo payment keeps the spread at $395/mo. Purchase price stands at $179,900, and rental yield measures 10.53% with $1,579/mo rent. Return on cash invested shows 27.86% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 146.06% and total cumulative return in cash records $87,105. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,579/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1969
1.32 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices