230 W Hopewell DrStruthersOH44471
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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 Struthers at 230 W Hopewell Dr, Struthers, OH, 44471 uses $53,007 cash to close to unlock $2,170/yr annual cash flow and $181/mo monthly cash flow. Total monthly income runs $1,233/mo, and a $783/mo payment keeps the spread at $181/mo. Purchase price stands at $159,900, and rental yield measures 9.25% with $1,233/mo rent. Return on cash invested shows 24% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 125.32% and total cumulative return in cash records $66,426. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,233/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1959
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44471, Struthers, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,828 (100%) |
| Owner Occupied HU | 3,118 (64.6%) |
| Renter Occupied HU | 1,262 (26.1%) |
| Vacant Housing Units | 448 ( 9.3%) |
| Median Home Value | $93,571 |
| Average Home Value | $120,633 |
Housing Distribution
Address Breakdown
Residential
4,607
Single Family
4,352
Multi-Family
255
Businesses
261
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