1705 Shela BlvdPortsmouthOH45662
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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
Rental property for sale in Portsmouth at 1705 Shela Blvd, Portsmouth, OH, 45662 offers $1,777/mo rent that, after a $1,125/mo payment, leaves $265/mo cash flow. Total monthly income is $1,777/mo, and annual cash flow is $3,180/yr on $76,212 cash. Return on cash invested measures 24.08% in year one, and rental yield stands at 9.28% at a $229,900 entry. Equity gained on principal adds $1,484/yr while 5% annual appreciation compounds into $63,517 by year five. Five-year ROI records 125.71% and total cumulative return in cash reaches $95,807. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,777/mo property income versus a $1,125/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45662, Portsmouth, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,081 (100%) |
| Owner Occupied HU | 6,010 (45.9%) |
| Renter Occupied HU | 5,273 (40.3%) |
| Vacant Housing Units | 1,798 (13.7%) |
| Median Home Value | $119,073 |
| Average Home Value | $158,551 |
Housing Distribution
Address Breakdown
Residential
12,139
Single Family
11,240
Multi-Family
899
Businesses
1,454
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Listed by: Tonya Porter • REAL ESTATE GALLERY, INC.
Mls Name: GPABR
Mls ID: #152157
Disclaimer: Copyright Greater Portsmouth Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.