2457 Martinsville RdMartinsvilleOH45146
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
Investment property for sale in Martinsville at 2457 Martinsville Rd, Martinsville, OH, 45146 listed at $699,900 pairs $3,383/mo rent with a $3,426/mo payment. Total monthly income runs $3,383/mo. Return on cash invested measures 13.7% in year one, and rental yield registers 5.8% at a $699,900 basis. Equity gained on principal adds $4,516/yr, and annual property appreciation at 5% supports $193,369 by year five. Five-year ROI tracks 70% and total cumulative return in cash totals $161,192. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,383/mo property income relative to a $3,426/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45146, Martinsville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 544 (100%) |
| Owner Occupied HU | 441 (81.1%) |
| Renter Occupied HU | 82 (15.1%) |
| Vacant Housing Units | 21 ( 3.9%) |
| Median Home Value | $269,079 |
| Average Home Value | $295,635 |
Housing Distribution
Address Breakdown
Residential
519
Single Family
519
Multi-Family
0
Businesses
10
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather Herr • Private Real Estate Collection
Mls Name: DABR MLS
Mls ID: #950732