2213 Woodcrest DrWheelersburgOH45694
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
Rental property for sale in Wheelersburg at 2213 Woodcrest Dr, Wheelersburg, OH, 45694 priced at $345,000 pairs $2,898/mo rent with $628/mo cash flow after a $1,689/mo payment. Total monthly income equals $2,898/mo, and annual cash flow comes to $7,539/yr on $114,368 invested. Return on cash invested is 26.5% in year one, and rental yield stands at 10.08% on a $345,000 basis. Equity gained on principal adds $2,226/yr, and 5% annual appreciation accumulates to $95,317 by year five. Five-year ROI measures 138.72% and total cumulative return in cash reaches $158,656. For financing, Ziffy Mortgage’s DSCR program evaluates $2,898/mo property income against a $1,689/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
9,748 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45694, Wheelersburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,003 (100%) |
| Owner Occupied HU | 3,370 (67.4%) |
| Renter Occupied HU | 1,242 (24.8%) |
| Vacant Housing Units | 391 ( 7.8%) |
| Median Home Value | $232,634 |
| Average Home Value | $243,322 |
Housing Distribution
Address Breakdown
Residential
5,105
Single Family
4,955
Multi-Family
150
Businesses
359
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Merinda Webb • Rutman Realty Group
Mls Name: GPABR
Mls ID: #153974
Disclaimer: Copyright Greater Portsmouth Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.