3420 Sheridan RdPortsmouthOH45662
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 Portsmouth at 3420 Sheridan Rd, Portsmouth, OH, 45662 at $485,000 posts ROI 23.81% with $523/mo cash flow from $3,713/mo rent. Total monthly income equals $3,713/mo, and annual cash flow records $6,271/yr on $160,778 to close. Return on cash invested measures 23.81% and rental yield reads 9.19% at the current $485,000. Equity gained on principal adds $3,130/yr, and 5% annual appreciation supports $133,997 by year five. Five-year ROI prints 124.27% and total cumulative return in cash totals $199,802.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,713/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1970
1.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45662, Portsmouth, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,081 (100%) |
| Owner Occupied HU | 6,010 (45.9%) |
| Renter Occupied HU | 5,273 (40.3%) |
| Vacant Housing Units | 1,798 (13.7%) |
| Median Home Value | $119,073 |
| Average Home Value | $158,551 |
Housing Distribution
Address Breakdown
Residential
12,139
Single Family
11,240
Multi-Family
899
Businesses
1,454
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amanda Crabtree • CENTURY 21 Empire Realty SE
Mls Name: GPABR
Mls ID: #153970
Disclaimer: Copyright Greater Portsmouth Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.