314 Solida RdSouth PtOH45680
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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 South Pt at 314 Solida Rd, South Pt, OH, 45680 priced at $119,900 pairs $1,652/mo rent with $863/mo cash flow after a $587/mo payment. Total monthly income equals $1,652/mo, and annual cash flow comes to $10,358/yr on $39,747 invested. Return on cash invested is 45.97% in year one, and rental yield stands at 16.53% on a $119,900 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,126 by year five. Five-year ROI measures 243.25% and total cumulative return in cash reaches $96,684. For financing, Ziffy Mortgage’s DSCR program evaluates $1,652/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45680, South Point, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,469 (100%) |
| Owner Occupied HU | 3,298 (60.3%) |
| Renter Occupied HU | 1,625 (29.7%) |
| Vacant Housing Units | 546 ( 10.0%) |
| Median Home Value | $161,027 |
| Average Home Value | $182,771 |
Housing Distribution
Address Breakdown
Residential
5,406
Single Family
5,364
Multi-Family
42
Businesses
319
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