305 W North StMount VictoryOH43340
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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 Mount Victory at 305 W North St, Mount Victory, OH, 43340 offers a 9.27% rental yield on a $159,900 purchase with $1,235/mo rent. Total monthly income registers $1,235/mo, and a $783/mo payment leaves $183/mo available for distribution. Annual cash flow reaches $2,194/yr on $53,007 to close, and return on cash invested stands at 24.05% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,177 over five years. Portfolio math shows five-year ROI at 125.54% and total cumulative return in cash at $66,546. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,235/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43340, Mount Victory, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 627 (100%) |
| Owner Occupied HU | 474 (75.6%) |
| Renter Occupied HU | 94 (15.0%) |
| Vacant Housing Units | 59 ( 9.4%) |
| Median Home Value | $206,738 |
| Average Home Value | $215,522 |
Housing Distribution
Address Breakdown
Residential
535
Single Family
535
Multi-Family
0
Businesses
38
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Listed by: Elizabeth Smith • Century 21 Sunway Realty-Kenton
Mls Name: WCAR OH
Mls Provider:
Mls ID: #306025
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.