211 N Saint Clairsville RdPort WashingtonOH43837
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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
Rental property for sale in Port Washington at 211 N Saint Clairsville Rd, Port Washington, OH, 43837 priced at $199,000 converts $439/mo rent into after a $974/mo obligation. Total monthly income equals $439/mo. Return on cash invested prints 4.08% in year one, and rental yield reads 2.65% against a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation compiles into $54,980 by year five. Five-year ROI reaches 18.56% and total cumulative return in cash sums $12,246. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $439/mo property income covering a $974/mo payment, not borrower’s personal income.
Multi Family
Built in 2020
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43837, Port Washington, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 833 (100%) |
| Owner Occupied HU | 605 (72.6%) |
| Renter Occupied HU | 130 (15.6%) |
| Vacant Housing Units | 98 (11.8%) |
| Median Home Value | $206,818 |
| Average Home Value | $230,653 |
Housing Distribution
Address Breakdown
Residential
667
Single Family
667
Multi-Family
0
Businesses
16
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Listed by: Bob Hall • Cronebaugh Auction & Realty, LLC
Mls Name: MLS Now
Mls ID: #5173434