2011 Beekman AveWest 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
Investment property for sale in West Portsmouth at 2011 Beekman Ave, West Portsmouth, OH, 45663 offers a 8.63% rental yield on a $229,900 purchase with $1,653/mo rent. Total monthly income registers $1,653/mo, and a $1,125/mo payment leaves $141/mo available for distribution. Annual cash flow reaches $1,692/yr on $76,212 to close, and return on cash invested stands at 22.13% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,517 over five years. Portfolio math shows five-year ROI at 115.26% and total cumulative return in cash at $87,839. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,653/mo property income against a $1,125/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
0.53 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: Tonya Porter • REAL ESTATE GALLERY, INC.
Mls Name: GPABR
Mls ID: #152715