216 Himes RdManchesterOH45144
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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 Manchester at 216 Himes Rd, Manchester, OH, 45144 generates $944/mo in rent and, after a $489/mo payment, leaves $287/mo in cash flow. Total monthly income is $944/mo, and annual cash flow is $3,440/yr on $33,150 invested. Return on cash invested sits at 30.29% in year one, and rental yield is 11.33% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 159.03% and total cumulative return in cash sums $52,720. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $944/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45144, Manchester, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,987 (100%) |
| Owner Occupied HU | 1,114 (56.1%) |
| Renter Occupied HU | 490 (24.7%) |
| Vacant Housing Units | 383 (19.3%) |
| Median Home Value | $166,193 |
| Average Home Value | $191,136 |
Housing Distribution
Address Breakdown
Residential
1,712
Single Family
1,712
Multi-Family
0
Businesses
83
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Listed by: N/A • N/A
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