230 Morse StRussells PointOH43348
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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 Russells Point at 230 Morse St, Russells Point, OH, 43348 at $165,000 posts ROI 28.71% with $401/mo cash flow from $1,487/mo rent. Total monthly income equals $1,487/mo, and annual cash flow records $4,815/yr on $54,698 to close. Return on cash invested measures 28.71% and rental yield reads 10.81% at the current $165,000. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 by year five. Five-year ROI prints 150.63% and total cumulative return in cash totals $82,391.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,487/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1948
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43348, Russells Point, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,487 (100%) |
| Owner Occupied HU | 544 (36.6%) |
| Renter Occupied HU | 261 (17.6%) |
| Vacant Housing Units | 682 (45.9%) |
| Median Home Value | $218,750 |
| Average Home Value | $284,223 |
Housing Distribution
Address Breakdown
Residential
1,039
Single Family
1,036
Multi-Family
3
Businesses
122
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Listed by: Kristin Knight • Royer Realty LLC
Mls Name: WRIST
Mls Provider:
Mls ID: #1038954
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.