2717 Cleveland AveSteubenvilleOH43952
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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 Steubenville at 2717 Cleveland Ave, Steubenville, OH, 43952 uses $56,322 cash to close to unlock $2,772/yr annual cash flow and $231/mo monthly cash flow. Total monthly income runs $1,349/mo, and a $832/mo payment keeps the spread at $231/mo. Purchase price stands at $169,900, and rental yield measures 9.53% with $1,349/mo rent. Return on cash invested shows 24.83% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 129.74% and total cumulative return in cash records $73,070. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,349/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1943
7,840 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: Shannon Irvin • Cedar One Realty
Mls Name: MLS Now
Mls ID: #5174278