2117 Baird AvePortsmouthOH45662
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
Investment property for sale in Portsmouth at 2117 Baird Ave, Portsmouth, OH, 45662 uses $45,416 cash to close to unlock $2,561/yr annual cash flow and $213/mo monthly cash flow. Total monthly income runs $1,115/mo, and a $671/mo payment keeps the spread at $213/mo. Purchase price stands at $137,000, and rental yield measures 9.77% with $1,115/mo rent. Return on cash invested shows 25.55% in year one, and 5% annual appreciation builds toward $37,851 over five years. Five-year ROI reaches 133.63% and total cumulative return in cash records $60,688. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,115/mo property income covering a $671/mo payment rather than investor’s personal income.
Single Family
Built in 1920
5,880 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A