2631 S 6th StIrontonOH45638
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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 Ironton at 2631 S 6th St, Ironton, OH, 45638 uses $48,896 cash to close to unlock $1,017/yr annual cash flow and $85/mo monthly cash flow. Total monthly income runs $1,055/mo, and a $722/mo payment keeps the spread at $85/mo. Purchase price stands at $147,500, and rental yield measures 8.58% with $1,055/mo rent. Return on cash invested shows 21.99% in year one, and 5% annual appreciation builds toward $40,752 over five years. Five-year ROI reaches 114.54% and total cumulative return in cash records $56,005. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,055/mo property income covering a $722/mo payment rather than investor’s personal income.
Single Family
Built in 1935
4,680 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45638, Ironton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,043 (100%) |
| Owner Occupied HU | 5,319 (58.8%) |
| Renter Occupied HU | 2,626 (29.0%) |
| Vacant Housing Units | 1,098 (12.1%) |
| Median Home Value | $126,233 |
| Average Home Value | $151,706 |
Housing Distribution
Address Breakdown
Residential
8,724
Single Family
8,426
Multi-Family
298
Businesses
612
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Listed by: Suzanne Triplett • Century 21 Brooks Wells Enterprises
Mls Name: AABR
Mls Provider:
Mls ID: #57781
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.