2617 Chestnut StSteubenvilleOH43952
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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
Rental property for sale in Steubenville at 2617 Chestnut St, Steubenville, OH, 43952 offers $1,224/mo rent that, after a $857/mo payment, leaves $72/mo cash flow. Total monthly income is $1,224/mo, and annual cash flow is $869/yr on $58,013 cash. Return on cash invested measures 21.41% in year one, and rental yield stands at 8.39% at a $175,000 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,349 by year five. Five-year ROI records 111.44% and total cumulative return in cash reaches $64,651. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,224/mo property income versus a $857/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43952, Steubenville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,309 (100%) |
| Owner Occupied HU | 3,946 (47.5%) |
| Renter Occupied HU | 2,900 (34.9%) |
| Vacant Housing Units | 1,463 (17.6%) |
| Median Home Value | $138,682 |
| Average Home Value | $158,177 |
Housing Distribution
Address Breakdown
Residential
7,431
Single Family
6,605
Multi-Family
826
Businesses
864
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Listed by: Roberta A Buzzard • Sluss Realty
Mls Name: MLS Now
Mls ID: #5121028