278 N Central AveUticaOH43080
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Nearby investment properties with comparable prices
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 Utica at 278 N Central Ave, Utica, OH, 43080 priced at $262,500 pairs $1,813/mo rent with $86/mo cash flow after a $1,285/mo payment. Total monthly income equals $1,813/mo, and annual cash flow comes to $1,033/yr on $87,019 invested. Return on cash invested is 21.1% in year one, and rental yield stands at 8.29% on a $262,500 basis. Equity gained on principal adds $1,694/yr, and 5% annual appreciation accumulates to $72,524 by year five. Five-year ROI measures 109.75% and total cumulative return in cash reaches $95,506. For financing, Ziffy Mortgage’s DSCR program evaluates $1,813/mo property income against a $1,285/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1890
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43080, Utica, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,365 (100%) |
| Owner Occupied HU | 1,697 (71.8%) |
| Renter Occupied HU | 481 (20.3%) |
| Vacant Housing Units | 187 ( 7.9%) |
| Median Home Value | $286,210 |
| Average Home Value | $532,577 |
Housing Distribution
Address Breakdown
Residential
1,740
Single Family
1,700
Multi-Family
40
Businesses
117
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