17 Township Road 1187South PointOH45680
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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 South Point at 17 Township Road 1187, South Point, OH, 45680 offers a 9.44% rental yield on a $210,500 purchase with $1,656/mo rent. Total monthly income registers $1,656/mo, and a $1,030/mo payment leaves $272/mo available for distribution. Annual cash flow reaches $3,260/yr on $69,781 to close, and return on cash invested stands at 24.58% in year one. Equity gained on principal adds $1,358/yr while 5% annual appreciation supports $58,157 over five years. Portfolio math shows five-year ROI at 128.41% and total cumulative return in cash at $89,608. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,656/mo property income against a $1,030/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45680, South Point, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,469 (100%) |
| Owner Occupied HU | 3,298 (60.3%) |
| Renter Occupied HU | 1,625 (29.7%) |
| Vacant Housing Units | 546 ( 10.0%) |
| Median Home Value | $161,027 |
| Average Home Value | $182,771 |
Housing Distribution
Address Breakdown
Residential
5,406
Single Family
5,364
Multi-Family
42
Businesses
319
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Nearby investment properties with comparable prices
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