273 Andrea AveWheelersburgOH45694
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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 Wheelersburg at 273 Andrea Ave, Wheelersburg, OH, 45694 priced at $159,000 converts $1,507/mo rent into $461/mo cash flow after a $778/mo obligation. Total monthly income equals $1,507/mo, and annual cash flow totals $5,536/yr on $52,709 invested. Return on cash invested prints 30.41% in year one, and rental yield reads 11.37% against a $159,000 entry. Equity gained on principal adds $1,026/yr, while 5% annual appreciation compiles into $43,929 by year five. Five-year ROI reaches 159.73% and total cumulative return in cash sums $84,192. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,507/mo property income covering a $778/mo payment, not borrower’s personal income.
Single Family
Built in 1972
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45694, Wheelersburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,003 (100%) |
| Owner Occupied HU | 3,370 (67.4%) |
| Renter Occupied HU | 1,242 (24.8%) |
| Vacant Housing Units | 391 ( 7.8%) |
| Median Home Value | $232,634 |
| Average Home Value | $243,322 |
Housing Distribution
Address Breakdown
Residential
5,105
Single Family
4,955
Multi-Family
150
Businesses
359
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Listed by: Jeremy Newman • REAL ESTATE GALLERY, INC.
Mls Name: GPABR
Mls ID: #155250