32042 Sunset DrHanovertonOH44423
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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 Hanoverton at 32042 Sunset Dr, Hanoverton, OH, 44423 listed at $284,000 pairs $2,694/mo rent with a $1,390/mo payment to leave $826/mo cash flow. Total monthly income runs $2,694/mo, and annual cash flow reaches $9,911/yr on $94,146 cash to close. Return on cash invested measures 30.44% in year one, and rental yield registers 11.38% at a $284,000 basis. Equity gained on principal adds $1,833/yr, and annual property appreciation at 5% supports $78,464 by year five. Five-year ROI tracks 159.79% and total cumulative return in cash totals $150,437. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,694/mo property income relative to a $1,390/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44423, Hanoverton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,001 (100%) |
| Owner Occupied HU | 709 (70.8%) |
| Renter Occupied HU | 150 (15.0%) |
| Vacant Housing Units | 142 (14.2%) |
| Median Home Value | $226,656 |
| Average Home Value | $279,150 |
Housing Distribution
Address Breakdown
Residential
996
Single Family
996
Multi-Family
0
Businesses
44
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Listed by: Scott M Tinlin • Platinum Real Estate
Mls Name: MLS Now
Mls ID: #5167310