2600 Hickory Grove RdOak HillOH45656
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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 Oak Hill at 2600 Hickory Grove Rd, Oak Hill, OH, 45656 listed at $298,800 pairs $2,356/mo rent with a $1,462/mo payment to leave $391/mo cash flow. Total monthly income runs $2,356/mo, and annual cash flow reaches $4,692/yr on $99,052 cash to close. Return on cash invested measures 24.65% in year one, and rental yield registers 9.46% at a $298,800 basis. Equity gained on principal adds $1,928/yr, and annual property appreciation at 5% supports $82,553 by year five. Five-year ROI tracks 128.8% and total cumulative return in cash totals $127,579. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,356/mo property income relative to a $1,462/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
2.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45656, Oak Hill, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,770 (100%) |
| Owner Occupied HU | 1,881 (67.9%) |
| Renter Occupied HU | 570 (20.6%) |
| Vacant Housing Units | 319 (11.5%) |
| Median Home Value | $133,308 |
| Average Home Value | $174,387 |
Housing Distribution
Address Breakdown
Residential
2,728
Single Family
2,728
Multi-Family
0
Businesses
126
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