218 Pico StSteubenvilleOH43952
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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
Investment property for sale in Steubenville at 218 Pico St, Steubenville, OH, 43952 offers a 11% rental yield on a $165,000 purchase with $1,512/mo rent. Total monthly income registers $1,512/mo, and a $808/mo payment leaves $426/mo available for distribution. Annual cash flow reaches $5,115/yr on $54,698 to close, and return on cash invested stands at 29.26% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 153.57% and total cumulative return in cash at $83,999. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,512/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43952, Steubenville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,309 (100%) |
| Owner Occupied HU | 3,946 (47.5%) |
| Renter Occupied HU | 2,900 (34.9%) |
| Vacant Housing Units | 1,463 (17.6%) |
| Median Home Value | $138,682 |
| Average Home Value | $158,177 |
Housing Distribution
Address Breakdown
Residential
7,431
Single Family
6,605
Multi-Family
826
Businesses
864
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Listed by: Julia Duff • Cedar One Realty
Mls Name: MLS Now
Mls ID: #5177059