341 Springdale AveWintersvilleOH43953
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
Investment Highlights
Investment property for sale in Wintersville at 341 Springdale Ave, Wintersville, OH, 43953 listed at $229,000 pairs $1,560/mo rent with a $1,121/mo payment to leave $54/mo cash flow. Total monthly income runs $1,560/mo, and annual cash flow reaches $642/yr on $75,914 cash to close. Return on cash invested measures 20.75% in year one, and rental yield registers 8.17% at a $229,000 basis. Equity gained on principal adds $1,478/yr, and annual property appreciation at 5% supports $63,268 by year five. Five-year ROI tracks 107.92% and total cumulative return in cash totals $81,929. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,560/mo property income relative to a $1,121/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43953, Steubenville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,374 (100%) |
| Owner Occupied HU | 3,407 (63.4%) |
| Renter Occupied HU | 1,551 (28.9%) |
| Vacant Housing Units | 416 ( 7.7%) |
| Median Home Value | $147,494 |
| Average Home Value | $192,023 |
Housing Distribution
Address Breakdown
Residential
5,302
Single Family
4,894
Multi-Family
408
Businesses
392
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sarah Omaits • Real of Ohio
Mls Name: MLS Now
Mls ID: #5183435