306 Cole AveWest PortsmouthOH45663








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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 West Portsmouth at 306 Cole Ave, West Portsmouth, OH, 45663 listed at $150,000 pairs $1,179/mo rent with a $734/mo payment to leave $193/mo cash flow. Total monthly income runs $1,179/mo, and annual cash flow reaches $2,310/yr on $49,725 cash to close. Return on cash invested measures 24.55% in year one, and rental yield registers 9.43% at a $150,000 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,442 by year five. Five-year ROI tracks 128.3% and total cumulative return in cash totals $63,798. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,179/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1924
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45663, West Portsmouth, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,950 (100%) |
| Owner Occupied HU | 1,904 (64.5%) |
| Renter Occupied HU | 650 (22.0%) |
| Vacant Housing Units | 396 (13.4%) |
| Median Home Value | $146,154 |
| Average Home Value | $180,596 |
Housing Distribution
Address Breakdown
Residential
2,705
Single Family
2,705
Multi-Family
0
Businesses
97
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Listed by: Joey Sandlin • Sandlin LLC
Mls Name: GPABR
Mls ID: #152537
Disclaimer: Copyright Greater Portsmouth Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.








