319 Raymond AveWest PortsmouthOH45663
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 319 Raymond Ave, West Portsmouth, OH, 45663 in West Portsmouth. At $197,000 it earns $1,769/mo in rent and distributes $473/mo to the owner after the $886/mo payment, a consistent 10.77% yield. DSCR 2.00 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $54,427 in value; $1,814/yr in principal paydown compounds ownership stake. Total projected return: $105,502.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 6.2% |
| Monthly Cash Flow | $473 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,769 |
| Total Monthly Debt Service | $1,217 |
| DSCR Ratio | 1.45x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1972
0.31 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
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
Single Family
Built in 1972
0.31 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kennedy McGraw • Rutman Realty Group
Mls Name: GPABR
Mls ID: #152722