2825 Mount Carmel RdMinfordOH45653
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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 Minford at 2825 Mount Carmel Rd, Minford, OH, 45653 generates $1,424/mo in rent and, after a $810/mo payment, leaves $335/mo in cash flow. Total monthly income is $1,424/mo, and annual cash flow is $4,025/yr on $54,863 invested. Return on cash invested sits at 27.25% in year one, and rental yield is 10.33% on a $165,500 entry. Equity gained on principal adds $1,068/yr, while 5% annual appreciation builds toward $45,725 over five years. Five-year ROI reaches 142.74% and total cumulative return in cash sums $78,312. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,424/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in 1950
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45653, Minford, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,591 (100%) |
| Owner Occupied HU | 1,129 (71.0%) |
| Renter Occupied HU | 327 (20.6%) |
| Vacant Housing Units | 135 ( 8.5%) |
| Median Home Value | $202,332 |
| Average Home Value | $211,351 |
Housing Distribution
Address Breakdown
Residential
1,484
Single Family
1,484
Multi-Family
0
Businesses
84
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