231 Mangus RdUnion CityOH45390
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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 Union City at 231 Mangus Rd, Union City, OH, 45390 generates $2,310/mo in rent and, after a $871/mo payment, leaves $1,139/mo in cash flow. Total monthly income is $2,310/mo, and annual cash flow is $13,672/yr on $59,007 invested. Return on cash invested sits at 43.08% in year one, and rental yield is 15.57% on a $178,000 entry. Equity gained on principal adds $1,149/yr, while 5% annual appreciation builds toward $49,178 over five years. Five-year ROI reaches 227.67% and total cumulative return in cash sums $134,341. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,310/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
4.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45390, Union City, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,512 (100%) |
| Owner Occupied HU | 906 (59.9%) |
| Renter Occupied HU | 407 (26.9%) |
| Vacant Housing Units | 199 (13.2%) |
| Median Home Value | $120,283 |
| Average Home Value | $157,831 |
Housing Distribution
Address Breakdown
Residential
1,367
Single Family
1,337
Multi-Family
30
Businesses
41
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Listed by: Pattie Armstrong • Brokers Real Estate
Mls Name: WRIST
Mls Provider:
Mls ID: #1040004
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.