302 High StWoodsfieldOH43793
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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 Woodsfield at 302 High St, Woodsfield, OH, 43793 offers $1,050/mo rent that, after a $685/mo payment, leaves $130/mo cash flow. Total monthly income is $1,050/mo, and annual cash flow is $1,554/yr on $46,377 cash. Return on cash invested measures 23.26% in year one, and rental yield stands at 9.01% at a $139,900 entry. Equity gained on principal adds $903/yr while 5% annual appreciation compounds into $38,652 by year five. Five-year ROI records 121.39% and total cumulative return in cash reaches $56,295. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,050/mo property income versus a $685/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1922
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43793, Woodsfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,506 (100%) |
| Owner Occupied HU | 1,510 (60.3%) |
| Renter Occupied HU | 535 (21.3%) |
| Vacant Housing Units | 461 (18.4%) |
| Median Home Value | $164,231 |
| Average Home Value | $221,740 |
Housing Distribution
Address Breakdown
Residential
2,290
Single Family
2,290
Multi-Family
0
Businesses
267
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Listed by: Brian Miller • Kaufman Realty & Auction, LLC.
Mls Name: MLS Now
Mls ID: #5136687