202 N Walnut StMiddle PtOH45863
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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 Middle Pt at 202 N Walnut St, Middle Pt, OH, 45863 uses $38,089 cash to close to unlock $1,543/yr annual cash flow and $129/mo monthly cash flow. Total monthly income runs $884/mo, and a $562/mo payment keeps the spread at $129/mo. Purchase price stands at $114,900, and rental yield measures 9.23% with $884/mo rent. Return on cash invested shows 23.96% in year one, and 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 125.11% and total cumulative return in cash records $47,654. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $884/mo property income covering a $562/mo payment rather than investor’s personal income.
Single Family
Built in 1920
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45863, Middle Point, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 483 (100%) |
| Owner Occupied HU | 403 (83.4%) |
| Renter Occupied HU | 46 ( 9.5%) |
| Vacant Housing Units | 34 ( 7.0%) |
| Median Home Value | $155,357 |
| Average Home Value | $209,752 |
Housing Distribution
Address Breakdown
Residential
287
Single Family
287
Multi-Family
0
Businesses
22
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Listed by: Richard Clark • Dick Clark Real Estate, LLC
Mls Name: WCAR OH
Mls Provider:
Mls ID: #306474
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.