24 E Main StPhillipsburgOH45354
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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 Phillipsburg at 24 E Main St, Phillipsburg, OH, 45354 earns $202/mo cash flow from $1,188/mo rent with a $734/mo payment. Total monthly income totals $1,188/mo, and annual cash flow totals $2,418/yr on $49,725 capital. ROI tracks 24.77% on current figures, and rental yield reads 9.5% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 129.48% and total cumulative return in cash sums $64,386. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,188/mo property income instead of your personal income.
Single Family
Built in 1900
9,051 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45354, Phillipsburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 147 (100%) |
| Owner Occupied HU | 100 (68.0%) |
| Renter Occupied HU | 30 (20.4%) |
| Vacant Housing Units | 17 (11.6%) |
| Median Home Value | $291,667 |
| Average Home Value | $290,825 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
24
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Listed by: Lauren Meador • Irongate Inc.
Mls Name: DABR MLS
Mls ID: #938055