189 State StJacksonOH45640
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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 Jackson at 189 State St, Jackson, OH, 45640 generates $1,271/mo in rent and, after a $729/mo payment, leaves $291/mo in cash flow. Total monthly income is $1,271/mo, and annual cash flow is $3,496/yr on $49,360 invested. Return on cash invested sits at 26.99% in year one, and rental yield is 10.24% on a $148,900 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation builds toward $41,138 over five years. Five-year ROI reaches 141.41% and total cumulative return in cash sums $69,801. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,271/mo property income rather than buyer’s personal income.
Single Family
Built in 1880
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45640, Jackson, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,015 (100%) |
| Owner Occupied HU | 4,409 (62.9%) |
| Renter Occupied HU | 1,838 (26.2%) |
| Vacant Housing Units | 768 (10.9%) |
| Median Home Value | $168,306 |
| Average Home Value | $211,380 |
Housing Distribution
Address Breakdown
Residential
6,903
Single Family
6,711
Multi-Family
192
Businesses
676
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