1838 County Road 53Kitts HillOH45645
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 Kitts Hill at 1838 County Road 53, Kitts Hill, OH, 45645 generates $1,729/mo in rent, after a $1,615/mo payment. Total monthly income is $1,729/mo. Return on cash invested sits at 15.07% in year one, and rental yield is 6.29% on a $330,000 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 77.4% and total cumulative return in cash sums $84,671. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,729/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45645, Kitts Hill, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,120 (100%) |
| Owner Occupied HU | 837 (74.7%) |
| Renter Occupied HU | 161 (14.4%) |
| Vacant Housing Units | 122 (10.9%) |
| Median Home Value | $93,804 |
| Average Home Value | $120,729 |
Housing Distribution
Address Breakdown
Residential
1,115
Single Family
1,115
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian Whitt • Arrowhead Land Company
Mls Name: My State MLS
Mls ID: #11459432