188 Meadow RdWintersvilleOH43953
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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 Wintersville at 188 Meadow Rd, Wintersville, OH, 43953 offers $1,841/mo rent that, after a $1,170/mo payment, leaves $269/mo cash flow. Total monthly income is $1,841/mo, and annual cash flow is $3,224/yr on $79,229 cash. Return on cash invested measures 23.98% in year one, and rental yield stands at 9.24% at a $239,000 entry. Equity gained on principal adds $1,542/yr while 5% annual appreciation compounds into $66,031 by year five. Five-year ROI records 125.18% and total cumulative return in cash reaches $99,180. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,841/mo property income versus a $1,170/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43953, Steubenville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,374 (100%) |
| Owner Occupied HU | 3,407 (63.4%) |
| Renter Occupied HU | 1,551 (28.9%) |
| Vacant Housing Units | 416 ( 7.7%) |
| Median Home Value | $147,494 |
| Average Home Value | $192,023 |
Housing Distribution
Address Breakdown
Residential
5,302
Single Family
4,894
Multi-Family
408
Businesses
392
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Listed by: James W Petrella • DeLuca Realty
Mls Name: MLS Now
Mls ID: #5166480