188 Township Road 1229ProctorvilleOH45669
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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 Proctorville at 188 Township Road 1229, Proctorville, OH, 45669 uses $62,654 cash to close to unlock $6,010/yr annual cash flow and $501/mo monthly cash flow. Total monthly income runs $1,744/mo, and a $925/mo payment keeps the spread at $501/mo. Purchase price stands at $189,000, and rental yield measures 11.07% with $1,744/mo rent. Return on cash invested shows 29.5% in year one, and 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 154.79% and total cumulative return in cash records $96,982. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,744/mo property income covering a $925/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45669, Proctorville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,635 (100%) |
| Owner Occupied HU | 3,326 (71.8%) |
| Renter Occupied HU | 923 (19.9%) |
| Vacant Housing Units | 386 ( 8.3%) |
| Median Home Value | $197,269 |
| Average Home Value | $224,709 |
Housing Distribution
Address Breakdown
Residential
4,455
Single Family
4,455
Multi-Family
0
Businesses
193
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Listed by: Todd Jenkins • Bunch Real Estate Associates
Mls Name: HUNTMLS
Mls Provider:
Mls ID: #181680
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.