2815 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
Rental property for sale in Steubenville at 2815 Cleveland Ave, Steubenville, OH, 43952 generates $1,283/mo in rent and, after a $631/mo payment, leaves $435/mo in cash flow. Total monthly income is $1,283/mo, and annual cash flow is $5,218/yr on $42,764 invested. Return on cash invested sits at 32.11% in year one, and rental yield is 11.93% on a $129,000 entry. Equity gained on principal adds $832/yr, while 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 168.76% and total cumulative return in cash sums $72,169. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,283/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
5,227 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: Noreen J Peterson • Gary W. Cain Realty & Auctioneers,LLC
Mls Name: MLS Now
Mls ID: #5167057