176 Mill StUticaOH43080
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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
Rental property for sale in Utica at 176 Mill St, Utica, OH, 43080 priced at $185,000 converts $1,360/mo rent into $144/mo cash flow after a $905/mo obligation. Total monthly income equals $1,360/mo, and annual cash flow totals $1,723/yr on $61,328 invested. Return on cash invested prints 22.72% in year one, and rental yield reads 8.82% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 118.46% and total cumulative return in cash sums $72,651. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,360/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 1880
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43080, Utica, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,365 (100%) |
| Owner Occupied HU | 1,697 (71.8%) |
| Renter Occupied HU | 481 (20.3%) |
| Vacant Housing Units | 187 ( 7.9%) |
| Median Home Value | $286,210 |
| Average Home Value | $532,577 |
Housing Distribution
Address Breakdown
Residential
1,740
Single Family
1,700
Multi-Family
40
Businesses
117
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