206 2nd St ESouth PtOH45680
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
Rental property for sale in South Pt at 206 2nd St E, South Pt, OH, 45680 priced at $175,000 pairs $1,591/mo rent with $439/mo cash flow after a $857/mo payment. Total monthly income equals $1,591/mo, and annual cash flow comes to $5,273/yr on $58,013 invested. Return on cash invested is 29% in year one, and rental yield stands at 10.91% on a $175,000 basis. Equity gained on principal adds $1,129/yr, and 5% annual appreciation accumulates to $48,349 by year five. Five-year ROI measures 152.15% and total cumulative return in cash reaches $88,267. For financing, Ziffy Mortgage’s DSCR program evaluates $1,591/mo property income against a $857/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1986
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45680, South Point, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,469 (100%) |
| Owner Occupied HU | 3,298 (60.3%) |
| Renter Occupied HU | 1,625 (29.7%) |
| Vacant Housing Units | 546 ( 10.0%) |
| Median Home Value | $161,027 |
| Average Home Value | $182,771 |
Housing Distribution
Address Breakdown
Residential
5,406
Single Family
5,364
Multi-Family
42
Businesses
319
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Beverly Wilson • Bunch Real Estate Associates
Mls Name: HUNTMLS
Mls Provider:
Mls ID: #181246
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.