3369 Tabor Ridge Rd NEMineral CityOH44656
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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 Mineral City at 3369 Tabor Ridge Rd NE, Mineral City, OH, 44656 generates $1,050/mo in rent, after a $1,835/mo payment. Total monthly income is $1,050/mo. Return on cash invested sits at 6.24% in year one, and rental yield is 3.36% on a $374,900 entry. Equity gained on principal adds $2,419/yr, while 5% annual appreciation builds toward $103,578 over five years. Five-year ROI reaches 30.03% and total cumulative return in cash sums $37,315. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,050/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44656, Mineral City, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,214 (100%) |
| Owner Occupied HU | 774 (63.8%) |
| Renter Occupied HU | 212 (17.5%) |
| Vacant Housing Units | 228 (18.8%) |
| Median Home Value | $226,214 |
| Average Home Value | $273,876 |
Housing Distribution
Address Breakdown
Residential
890
Single Family
890
Multi-Family
0
Businesses
44
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Listed by: Dawn C Leone • McInturf Realty
Mls Name: MLS Now
Mls ID: #5157228