255 Hickman RdMinfordOH45653
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 Minford at 255 Hickman Rd, Minford, OH, 45653 listed at $239,000 pairs $1,423/mo rent with a $1,170/mo payment. Total monthly income runs $1,423/mo. Return on cash invested measures 17.65% in year one, and rental yield registers 7.14% at a $239,000 basis. Equity gained on principal adds $1,542/yr, and annual property appreciation at 5% supports $66,031 by year five. Five-year ROI tracks 91.24% and total cumulative return in cash totals $72,288. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,423/mo property income relative to a $1,170/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1979
5.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45653, Minford, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,591 (100%) |
| Owner Occupied HU | 1,129 (71.0%) |
| Renter Occupied HU | 327 (20.6%) |
| Vacant Housing Units | 135 ( 8.5%) |
| Median Home Value | $202,332 |
| Average Home Value | $211,351 |
Housing Distribution
Address Breakdown
Residential
1,484
Single Family
1,484
Multi-Family
0
Businesses
84
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices