168 Joyce AvePembervilleOH43450
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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 Pemberville at 168 Joyce Ave, Pemberville, OH, 43450 listed at $185,000 pairs $1,389/mo rent with a $905/mo payment to leave $173/mo cash flow. Total monthly income runs $1,389/mo, and annual cash flow reaches $2,071/yr on $61,328 cash to close. Return on cash invested measures 23.29% in year one, and rental yield registers 9.01% at a $185,000 basis. Equity gained on principal adds $1,194/yr, and annual property appreciation at 5% supports $51,112 by year five. Five-year ROI tracks 121.5% and total cumulative return in cash totals $74,511. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,389/mo property income relative to a $905/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43450, Pemberville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,523 (100%) |
| Owner Occupied HU | 1,168 (76.7%) |
| Renter Occupied HU | 277 (18.2%) |
| Vacant Housing Units | 78 ( 5.1%) |
| Median Home Value | $261,834 |
| Average Home Value | $316,770 |
Housing Distribution
Address Breakdown
Residential
1,041
Single Family
1,008
Multi-Family
33
Businesses
67
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Listed by: Stacey Erard • RE/MAX Preferred Associates
Mls Name: NORIS
Mls ID: #6133423
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. 2025 NORIS. All rights reserved.