198 N Monroe StWoodsfieldOH43793
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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 Woodsfield at 198 N Monroe St, Woodsfield, OH, 43793 offers $1,050/mo rent that, after a $876/mo payment. Total monthly income is $1,050/mo. Return on cash invested measures 17.33% in year one, and rental yield stands at 7.04% at a $179,000 entry. Equity gained on principal adds $1,155/yr while 5% annual appreciation compounds into $49,454 by year five. Five-year ROI records 89.57% and total cumulative return in cash reaches $53,151. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,050/mo property income versus a $876/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43793, Woodsfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,506 (100%) |
| Owner Occupied HU | 1,510 (60.3%) |
| Renter Occupied HU | 535 (21.3%) |
| Vacant Housing Units | 461 (18.4%) |
| Median Home Value | $164,231 |
| Average Home Value | $221,740 |
Housing Distribution
Address Breakdown
Residential
2,290
Single Family
2,290
Multi-Family
0
Businesses
267
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Listed by: Misty Dierkes • Howard Hanna Real Estate Services
Mls Name: MLS Now
Mls ID: #5160252