1903 Dry Run RdWest PortsmouthOH45663
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 West Portsmouth at 1903 Dry Run Rd, West Portsmouth, OH, 45663 generates $1,632/mo in rent and, after a $661/mo payment, leaves $744/mo in cash flow. Total monthly income is $1,632/mo, and annual cash flow is $8,925/yr on $44,753 invested. Return on cash invested sits at 39.85% in year one, and rental yield is 14.51% on a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 210.3% and total cumulative return in cash sums $94,117. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,632/mo property income rather than buyer’s personal income.
Manufactured
Built in 1984
2.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45663, West Portsmouth, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,950 (100%) |
| Owner Occupied HU | 1,904 (64.5%) |
| Renter Occupied HU | 650 (22.0%) |
| Vacant Housing Units | 396 (13.4%) |
| Median Home Value | $146,154 |
| Average Home Value | $180,596 |
Housing Distribution
Address Breakdown
Residential
2,705
Single Family
2,705
Multi-Family
0
Businesses
97
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kennedy McGraw • Rutman Burnside Realty Group LLC
Mls Name: GPABR
Mls ID: #152041
Disclaimer: Copyright Greater Portsmouth Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.