305 Sycamore StMingo JunctionOH43938
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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
Investment property for sale in Mingo Junction at 305 Sycamore St, Mingo Junction, OH, 43938 earns $323/mo cash flow from $1,211/mo rent with a $661/mo payment. Total monthly income totals $1,211/mo, and annual cash flow totals $3,873/yr on $44,753 capital. ROI tracks 28.56% on current figures, and rental yield reads 10.76% at a $135,000 purchase. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 over five years. Five-year ROI reaches 149.78% and total cumulative return in cash sums $67,033. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,211/mo property income instead of your personal income.
Single Family
Built in 1962
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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Listed by: Brian Brockman • Bang Realty
Mls Name: My State MLS
Mls ID: #11594462