2219 Concord DrWheelersburgOH45694
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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 Wheelersburg at 2219 Concord Dr, Wheelersburg, OH, 45694 offers a 8.21% rental yield on a $389,500 purchase with $2,664/mo rent. Total monthly income registers $2,664/mo, and a $1,906/mo payment leaves $102/mo available for distribution. Annual cash flow reaches $1,228/yr on $129,119 to close, and return on cash invested stands at 20.86% in year one. Equity gained on principal adds $2,513/yr while 5% annual appreciation supports $107,612 over five years. Portfolio math shows five-year ROI at 108.47% and total cumulative return in cash at $140,059. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,664/mo property income against a $1,906/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
7,797 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
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Listed by: Julie Canning • Comey & Shepherd
Mls Name: GPABR
Mls ID: #155254