306 S Miami StQuincyOH43343
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
Rental property for sale in Quincy at 306 S Miami St, Quincy, OH, 43343 priced at $239,900 converts $1,811/mo rent into $233/mo cash flow after a $1,174/mo obligation. Total monthly income equals $1,811/mo, and annual cash flow totals $2,798/yr on $79,527 invested. Return on cash invested prints 23.43% in year one, and rental yield reads 9.06% against a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation compiles into $66,280 by year five. Five-year ROI reaches 122.26% and total cumulative return in cash sums $97,231. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,811/mo property income covering a $1,174/mo payment, not borrower’s personal income.
Single Family
Built in 1900
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43343, Quincy, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 626 (100%) |
| Owner Occupied HU | 414 (66.1%) |
| Renter Occupied HU | 85 (13.6%) |
| Vacant Housing Units | 127 (20.3%) |
| Median Home Value | $217,857 |
| Average Home Value | $276,963 |
Housing Distribution
Address Breakdown
Residential
442
Single Family
442
Multi-Family
0
Businesses
24
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rhiannon Rose • Howard Hanna Real Estate Services
Mls Name: WRIST
Mls Provider:
Mls ID: #1038291
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.