230 Hope LnWest UnionOH45693
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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 West Union at 230 Hope Ln, West Union, OH, 45693 offers $1,976/mo rent that, after a $1,933/mo payment. Total monthly income is $1,976/mo. Return on cash invested measures 14.21% in year one, and rental yield stands at 6% at a $395,000 entry. Equity gained on principal adds $2,549/yr while 5% annual appreciation compounds into $109,131 by year five. Five-year ROI records 72.82% and total cumulative return in cash reaches $95,358. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,976/mo property income versus a $1,933/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
19.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45693, West Union, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,187 (100%) |
| Owner Occupied HU | 2,549 (60.9%) |
| Renter Occupied HU | 1,133 (27.1%) |
| Vacant Housing Units | 505 (12.1%) |
| Median Home Value | $203,029 |
| Average Home Value | $218,161 |
Housing Distribution
Address Breakdown
Residential
3,765
Single Family
3,667
Multi-Family
98
Businesses
319
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Listed by: Heather J Purtee-Smart • MAX Sells Real Estate, LLC
Mls Name: Cincy MLS
Mls ID: #1864991