18251 Road 48Grover HillOH45849
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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 Grover Hill at 18251 Road 48, Grover Hill, OH, 45849 earns $226/mo cash flow from $1,534/mo rent with a $973/mo payment. Total monthly income totals $1,534/mo, and annual cash flow totals $2,717/yr on $65,886 capital. ROI tracks 24.03% on current figures, and rental yield reads 9.26% at a $198,750 purchase. Equity gained on principal adds $1,283/yr, and 5% annual appreciation supports $54,911 over five years. Five-year ROI reaches 125.51% and total cumulative return in cash sums $82,691. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,534/mo property income instead of your personal income.
Single Family
Built in 1900
1.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45849, Grover Hill, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 477 (100%) |
| Owner Occupied HU | 372 (78.0%) |
| Renter Occupied HU | 52 (10.9%) |
| Vacant Housing Units | 53 (11.1%) |
| Median Home Value | $158,333 |
| Average Home Value | $176,801 |
Housing Distribution
Address Breakdown
Residential
355
Single Family
355
Multi-Family
0
Businesses
20
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Listed by: Stephanie R. Miller • Straley Realty Auctioneers Inc
Mls Name: NORIS
Mls ID: #10001464