17597 Spillway RdFredericktownOH43019
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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 Fredericktown at 17597 Spillway Rd, Fredericktown, OH, 43019 uses $91,163 cash to close to unlock $3,721/yr annual cash flow and $310/mo monthly cash flow. Total monthly income runs $2,119/mo, and a $1,346/mo payment keeps the spread at $310/mo. Purchase price stands at $275,000, and rental yield measures 9.25% with $2,119/mo rent. Return on cash invested shows 23.99% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 125.29% and total cumulative return in cash records $114,215. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,119/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1969
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43019, Fredericktown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,814 (100%) |
| Owner Occupied HU | 2,925 (76.7%) |
| Renter Occupied HU | 642 (16.8%) |
| Vacant Housing Units | 247 ( 6.5%) |
| Median Home Value | $225,046 |
| Average Home Value | $255,169 |
Housing Distribution
Address Breakdown
Residential
3,678
Single Family
3,590
Multi-Family
88
Businesses
160
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Listed by: Courtney Culbertson • Howard Hanna Real Estate Services
Mls Name: KCBR
Mls ID: #20250783