318 Smith AveKentonOH43326
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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 Kenton at 318 Smith Ave, Kenton, OH, 43326 uses $46,410 cash to close to unlock $8,404/yr annual cash flow and $700/mo monthly cash flow. Total monthly income runs $1,621/mo, and a $685/mo payment keeps the spread at $700/mo. Purchase price stands at $140,000, and rental yield measures 13.89% with $1,621/mo rent. Return on cash invested shows 38.02% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 200.51% and total cumulative return in cash records $93,058. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,621/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43326, Kenton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,867 (100%) |
| Owner Occupied HU | 3,777 (64.4%) |
| Renter Occupied HU | 1,558 (26.6%) |
| Vacant Housing Units | 532 ( 9.1%) |
| Median Home Value | $160,071 |
| Average Home Value | $183,115 |
Housing Distribution
Address Breakdown
Residential
5,575
Single Family
5,241
Multi-Family
334
Businesses
487
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Listed by: Emily Ervin • Century 21 Sunway Realty-Kenton
Mls Name: WCAR OH
Mls Provider:
Mls ID: #305022
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.