3238 Portland BlvdSteubenvilleOH43952
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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
Rental property for sale in Steubenville at 3238 Portland Blvd, Steubenville, OH, 43952 generates $1,693/mo in rent and, after a $1,198/mo payment, leaves $83/mo in cash flow. Total monthly income is $1,693/mo, and annual cash flow is $995/yr on $81,151 invested. Return on cash invested sits at 21.14% in year one, and rental yield is 8.3% on a $244,800 entry. Equity gained on principal adds $1,580/yr, while 5% annual appreciation builds toward $67,634 over five years. Five-year ROI reaches 109.92% and total cumulative return in cash sums $89,205. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,693/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43952, Steubenville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,309 (100%) |
| Owner Occupied HU | 3,946 (47.5%) |
| Renter Occupied HU | 2,900 (34.9%) |
| Vacant Housing Units | 1,463 (17.6%) |
| Median Home Value | $138,682 |
| Average Home Value | $158,177 |
Housing Distribution
Address Breakdown
Residential
7,431
Single Family
6,605
Multi-Family
826
Businesses
864
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Listed by: Holly Ritchie • Keller Williams Chervenic Rlty
Mls Name: MLS Now
Mls ID: #5178206