2884 Careys Run Pond Creek RdWest PortsmouthOH45663
Nearby investment properties with comparable rents
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
Investment property for sale in West Portsmouth at 2884 Careys Run Pond Creek Rd, West Portsmouth, OH, 45663 at $118,300 posts ROI 50.81% with $1,010/mo cash flow from $1,788/mo rent. Total monthly income equals $1,788/mo, and annual cash flow records $12,118/yr on $39,216 to close. Return on cash invested measures 50.81% and rental yield reads 18.14% at the current $118,300. Equity gained on principal adds $763/yr, and 5% annual appreciation supports $32,684 by year five. Five-year ROI prints 269.06% and total cumulative return in cash totals $105,517.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,788/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2002
13.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45663, West Portsmouth, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,950 (100%) |
| Owner Occupied HU | 1,904 (64.5%) |
| Renter Occupied HU | 650 (22.0%) |
| Vacant Housing Units | 396 (13.4%) |
| Median Home Value | $146,154 |
| Average Home Value | $180,596 |
Housing Distribution
Address Breakdown
Residential
2,705
Single Family
2,705
Multi-Family
0
Businesses
97
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Nearby investment properties with comparable prices
Listed by: Peggy King • Peggy King Real Estate
Mls Name: GPABR
Mls ID: #150705
Disclaimer: Copyright Greater Portsmouth Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.