244 Miller StWest LibertyOH43357
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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 West Liberty at 244 Miller St, West Liberty, OH, 43357 uses $77,869 cash to close to unlock $7,375/yr annual cash flow and $615/mo monthly cash flow. Total monthly income runs $2,160/mo, and a $1,150/mo payment keeps the spread at $615/mo. Purchase price stands at $234,900, and rental yield measures 11.03% with $2,160/mo rent. Return on cash invested shows 29.38% in year one, and 5% annual appreciation builds toward $64,899 over five years. Five-year ROI reaches 154.18% and total cumulative return in cash records $120,057. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,160/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in 1900
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43357, West Liberty, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,987 (100%) |
| Owner Occupied HU | 1,472 (74.1%) |
| Renter Occupied HU | 425 (21.4%) |
| Vacant Housing Units | 90 ( 4.5%) |
| Median Home Value | $231,618 |
| Average Home Value | $283,984 |
Housing Distribution
Address Breakdown
Residential
1,824
Single Family
1,777
Multi-Family
47
Businesses
115
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Listed by: Chelsey Bailey • Bell Hankins Realty Group, LLC
Mls Name: WRIST
Mls ID: #1042978