23 W 7th StManchesterOH45144
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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
Investment property for sale in Manchester at 23 W 7th St, Manchester, OH, 45144 with 5% annual appreciation on a $169,900 basis while $1,290/mo rent supports operations. Total monthly income totals $1,290/mo and a $832/mo payment preserves $172/mo for cash returns. Annual cash flow comes to $2,064/yr on $56,322 deployed, and return on cash invested reaches 23.57% in year one. Equity gained on principal adds $1,096/yr, and five-year appreciation sums $46,940 alongside rental yield of 9.11%. Five-year ROI measures 122.98% and total cumulative return in cash totals $69,266.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,290/mo property income versus a $832/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45144, Manchester, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,987 (100%) |
| Owner Occupied HU | 1,114 (56.1%) |
| Renter Occupied HU | 490 (24.7%) |
| Vacant Housing Units | 383 (19.3%) |
| Median Home Value | $166,193 |
| Average Home Value | $191,136 |
Housing Distribution
Address Breakdown
Residential
1,712
Single Family
1,712
Multi-Family
0
Businesses
83
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Listed by: Richard Shriver • Richard Shriver's "Gold" Realty & Auction Company
Mls Name: My State MLS
Mls ID: #11279534