2350 Hiles RdLucasvilleOH45648
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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 Lucasville at 2350 Hiles Rd, Lucasville, OH, 45648 offers a 7.57% rental yield on a $180,000 purchase with $1,136/mo rent. 94% in year one. Equity gained on principal adds $1,162/yr while 5% annual appreciation supports $49,731 over five years. Portfolio math shows five-year ROI at 98.19% and total cumulative return in cash at $58,589. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,136/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1979
4.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45648, Lucasville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,842 (100%) |
| Owner Occupied HU | 3,336 (68.9%) |
| Renter Occupied HU | 1,013 (20.9%) |
| Vacant Housing Units | 493 (10.2%) |
| Median Home Value | $193,361 |
| Average Home Value | $207,219 |
Housing Distribution
Address Breakdown
Residential
4,569
Single Family
4,569
Multi-Family
0
Businesses
165
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Listed by: Amanda Crabtree • CENTURY 21 Empire Realty SE
Mls Name: GPABR
Mls ID: #154085