2015 Galena PikeWest PortsmouthOH45663
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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 West Portsmouth at 2015 Galena Pike, West Portsmouth, OH, 45663 earns $259/mo cash flow from $982/mo rent with a $538/mo payment. Total monthly income totals $982/mo, and annual cash flow totals $3,106/yr on $36,465 capital. ROI tracks 28.43% on current figures, and rental yield reads 10.71% at a $110,000 purchase. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 over five years. Five-year ROI reaches 149.04% and total cumulative return in cash sums $54,348. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $982/mo property income instead of your personal income.
Single Family
Built in 1927
8,751 sqft 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
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Listed by: Kennedy McGraw • Rutman Realty Group
Mls Name: GPABR
Mls ID: #152623
Disclaimer: Copyright Greater Portsmouth Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.