295 E Martin StEast PalestineOH44413
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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 East Palestine at 295 E Martin St, East Palestine, OH, 44413 priced at $177,000 pairs $0/mo rent with after a $866/mo payment. Total monthly income equals $0/mo. Return on cash invested is -3.9% in year one, and rental yield stands at 0% on a $177,000 basis. Equity gained on principal adds $1,142/yr, and 5% annual appreciation accumulates to $48,902 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $866/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1915
6,751 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44413, East Palestine, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,182 (100%) |
| Owner Occupied HU | 2,244 (70.5%) |
| Renter Occupied HU | 636 (20.0%) |
| Vacant Housing Units | 302 ( 9.5%) |
| Median Home Value | $159,827 |
| Average Home Value | $224,500 |
Housing Distribution
Address Breakdown
Residential
2,985
Single Family
2,930
Multi-Family
55
Businesses
243
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Listed by: Amber L Hostetter • Lee Hostetter Real Estate
Mls Name: MLS Now
Mls ID: #5156497