2249 Pickle RdOregonOH43616
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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 Oregon at 2249 Pickle Rd, Oregon, OH, 43616 generates $1,488/mo in rent and, after a $929/mo payment, leaves $239/mo in cash flow. Total monthly income is $1,488/mo, and annual cash flow is $2,872/yr on $62,952 invested. Return on cash invested sits at 24.47% in year one, and rental yield is 9.4% on a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 127.88% and total cumulative return in cash sums $80,501. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,488/mo property income rather than buyer’s personal income.
Multi Family
Built in 1907
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43616, Oregon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,138 (100%) |
| Owner Occupied HU | 6,282 (68.7%) |
| Renter Occupied HU | 2,331 (25.5%) |
| Vacant Housing Units | 525 ( 5.7%) |
| Median Home Value | $221,729 |
| Average Home Value | $253,184 |
Housing Distribution
Address Breakdown
Residential
9,068
Single Family
7,759
Multi-Family
1,309
Businesses
615
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