178 Pershing AveSciotovilleOH45662
Nearby investment properties with comparable rents
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 Sciotoville at 178 Pershing Ave, Sciotoville, OH, 45662 priced at $129,000 converts $977/mo rent into $129/mo cash flow after a $631/mo obligation. Total monthly income equals $977/mo, and annual cash flow totals $1,546/yr on $42,764 invested. Return on cash invested prints 23.52% in year one, and rental yield reads 9.09% against a $129,000 entry. Equity gained on principal adds $832/yr, while 5% annual appreciation compiles into $35,640 by year five. Five-year ROI reaches 122.74% and total cumulative return in cash sums $52,489. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $977/mo property income covering a $631/mo payment, not borrower’s personal income.
Single Family
Built in 1956
6,534 sqft 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: Katie Ford • M & M Realty Services, Inc
Mls Name: HUNTMLS
Mls ID: #182796