248 Oak StJacksonOH45640
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 Jackson at 248 Oak St, Jackson, OH, 45640 offers $2,280/mo rent that, after a $1,456/mo payment, leaves $323/mo cash flow. Total monthly income is $2,280/mo, and annual cash flow is $3,879/yr on $98,621 cash. Return on cash invested measures 23.84% in year one, and rental yield stands at 9.2% at a $297,500 entry. Equity gained on principal adds $1,920/yr while 5% annual appreciation compounds into $82,194 by year five. Five-year ROI records 124.47% and total cumulative return in cash reaches $122,755. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,280/mo property income versus a $1,456/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
8,407 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45640, Jackson, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,015 (100%) |
| Owner Occupied HU | 4,409 (62.9%) |
| Renter Occupied HU | 1,838 (26.2%) |
| Vacant Housing Units | 768 (10.9%) |
| Median Home Value | $168,306 |
| Average Home Value | $211,380 |
Housing Distribution
Address Breakdown
Residential
6,903
Single Family
6,711
Multi-Family
192
Businesses
676
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Listed by: Kelly Wiley • Keller Williams Capital Partners
Mls Name: Scioto Valley AOR
Mls Provider:
Mls ID: #195719
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.