230 Stephens RdWest ManchesterOH45382
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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 West Manchester at 230 Stephens Rd, West Manchester, OH, 45382 with 5% annual appreciation on a $575,000 basis while $2,221/mo rent supports operations. 16% in year one. Equity gained on principal adds $3,710/yr, and five-year appreciation sums $158,862 alongside rental yield of 4.64%. Five-year ROI measures 51.06% and total cumulative return in cash totals $96,587. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,221/mo property income versus a $2,814/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
5.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45382, West Manchester, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 464 (100%) |
| Owner Occupied HU | 331 (71.3%) |
| Renter Occupied HU | 95 (20.5%) |
| Vacant Housing Units | 38 ( 8.2%) |
| Median Home Value | $187,500 |
| Average Home Value | $258,376 |
Housing Distribution
Address Breakdown
Residential
301
Single Family
301
Multi-Family
0
Businesses
19
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Listed by: Amy Stamps • Keller Williams Home Town Rlty
Mls Name: DABR MLS
Mls ID: #941225