2012 Baird AvePortsmouthOH45662
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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 Portsmouth at 2012 Baird Ave, Portsmouth, OH, 45662 uses $58,013 cash to close to unlock $5,237/yr annual cash flow and $436/mo monthly cash flow. Total monthly income runs $1,588/mo, and a $857/mo payment keeps the spread at $436/mo. Purchase price stands at $175,000, and rental yield measures 10.89% with $1,588/mo rent. Return on cash invested shows 28.94% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 151.82% and total cumulative return in cash records $88,075. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,588/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1915
4,917 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45662, Portsmouth, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,081 (100%) |
| Owner Occupied HU | 6,010 (45.9%) |
| Renter Occupied HU | 5,273 (40.3%) |
| Vacant Housing Units | 1,798 (13.7%) |
| Median Home Value | $119,073 |
| Average Home Value | $158,551 |
Housing Distribution
Address Breakdown
Residential
12,139
Single Family
11,240
Multi-Family
899
Businesses
1,454
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Listed by: Landon Beverly • First Capital Realty
Mls Name: Scioto Valley AOR
Mls Provider:
Mls ID: #198057
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.