302 Clay StChillicotheOH45601
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
Rental property for sale in Chillicothe at 302 Clay St, Chillicothe, OH, 45601 generates $1,140/mo in rent and, after a $675/mo payment, leaves $233/mo in cash flow. Total monthly income is $1,140/mo, and annual cash flow is $2,792/yr on $45,747 invested. Return on cash invested sits at 26.01% in year one, and rental yield is 9.91% on a $138,000 entry. Equity gained on principal adds $890/yr, while 5% annual appreciation builds toward $38,127 over five years. Five-year ROI reaches 136.1% and total cumulative return in cash sums $62,262. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,140/mo property income rather than buyer’s personal income.
Single Family
Built in 1923
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45601, Chillicothe, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,375 (100%) |
| Owner Occupied HU | 14,645 (62.7%) |
| Renter Occupied HU | 7,048 (30.2%) |
| Vacant Housing Units | 1,682 ( 7.2%) |
| Median Home Value | $198,339 |
| Average Home Value | $228,272 |
Housing Distribution
Address Breakdown
Residential
22,769
Single Family
21,479
Multi-Family
1,290
Businesses
1,662
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brittany Moore • ERA Martin & Associates (C)
Mls Name: Scioto Valley AOR
Mls ID: #198619