2407 Hanvey StBelpreOH45714
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Belpre at 2407 Hanvey St, Belpre, OH, 45714 priced at $170,000 converts $1,316/mo rent into $198/mo cash flow after a $832/mo obligation. Total monthly income equals $1,316/mo, and annual cash flow totals $2,374/yr on $56,355 invested. Return on cash invested prints 24.12% in year one, and rental yield reads 9.29% against a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation compiles into $46,968 by year five. Five-year ROI reaches 125.95% and total cumulative return in cash sums $70,977. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,316/mo property income covering a $832/mo payment, not borrower’s personal income.
Single Family
Built in 1962
9,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45714, Belpre, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,761 (100%) |
| Owner Occupied HU | 3,055 (64.2%) |
| Renter Occupied HU | 1,294 (27.2%) |
| Vacant Housing Units | 412 ( 8.7%) |
| Median Home Value | $174,571 |
| Average Home Value | $206,616 |
Housing Distribution
Address Breakdown
Residential
4,747
Single Family
4,624
Multi-Family
123
Businesses
375
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices