217 Rapp StWest PortsmouthOH45663
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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 West Portsmouth at 217 Rapp St, West Portsmouth, OH, 45663 offers $1,034/mo rent that, after a $538/mo payment, leaves $311/mo cash flow. Total monthly income is $1,034/mo, and annual cash flow is $3,730/yr on $36,465 cash. Return on cash invested measures 30.14% in year one, and rental yield stands at 11.28% at a $110,000 entry. Equity gained on principal adds $710/yr while 5% annual appreciation compounds into $30,391 by year five. Five-year ROI records 158.22% and total cumulative return in cash reaches $57,696. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,034/mo property income versus a $538/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45663, West Portsmouth, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,950 (100%) |
| Owner Occupied HU | 1,904 (64.5%) |
| Renter Occupied HU | 650 (22.0%) |
| Vacant Housing Units | 396 (13.4%) |
| Median Home Value | $146,154 |
| Average Home Value | $180,596 |
Housing Distribution
Address Breakdown
Residential
2,705
Single Family
2,705
Multi-Family
0
Businesses
97
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Listed by: Kathy Jenkins • REAL ESTATE GALLERY, INC.
Mls Name: GPABR
Mls ID: #153949