305 Grandview AveMingo JunctionOH43938
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 Mingo Junction at 305 Grandview Ave, Mingo Junction, OH, 43938 at $100,000 posts ROI 41.33% with $592/mo cash flow from $1,249/mo rent. Total monthly income equals $1,249/mo, and annual cash flow records $7,100/yr on $33,150 to close. Return on cash invested measures 41.33% and rental yield reads 14.99% at the current $100,000. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 by year five. Five-year ROI prints 218.26% and total cumulative return in cash totals $72,352.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,249/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1905
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43938, Mingo Junction, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,407 (100%) |
| Owner Occupied HU | 1,528 (63.5%) |
| Renter Occupied HU | 571 (23.7%) |
| Vacant Housing Units | 308 (12.8%) |
| Median Home Value | $99,673 |
| Average Home Value | $129,524 |
Housing Distribution
Address Breakdown
Residential
2,303
Single Family
2,228
Multi-Family
75
Businesses
99
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Nearby investment properties with comparable prices
Listed by: Dawn E Powell • Cedar One Realty
Mls Name: MLS Now
Mls ID: #5143407