31169 State Route 565Lower SalemOH45745
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 Lower Salem at 31169 State Route 565, Lower Salem, OH, 45745 offers a 10.38% rental yield on a $168,000 purchase with $1,453/mo rent. Total monthly income registers $1,453/mo, and a $822/mo payment leaves $348/mo available for distribution. Annual cash flow reaches $4,178/yr on $55,692 to close, and return on cash invested stands at 27.41% in year one. Equity gained on principal adds $1,084/yr while 5% annual appreciation supports $46,415 over five years. Portfolio math shows five-year ROI at 143.64% and total cumulative return in cash at $79,997. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,453/mo property income against a $822/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in 1964
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45745, Lower Salem, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 580 (100%) |
| Owner Occupied HU | 374 (64.5%) |
| Renter Occupied HU | 80 (13.8%) |
| Vacant Housing Units | 126 (21.7%) |
| Median Home Value | $158,673 |
| Average Home Value | $178,924 |
Housing Distribution
Address Breakdown
Residential
430
Single Family
430
Multi-Family
0
Businesses
16
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A