350 Summit StJacksonOH45640
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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 Jackson at 350 Summit St, Jackson, OH, 45640 listed at $123,400 pairs $840/mo rent with a $604/mo payment to leave $28/mo cash flow. Total monthly income runs $840/mo, and annual cash flow reaches $339/yr on $40,907 cash to close. Return on cash invested measures 20.74% in year one, and rental yield registers 8.17% at a $123,400 basis. Equity gained on principal adds $796/yr, and annual property appreciation at 5% supports $34,093 by year five. Five-year ROI tracks 107.88% and total cumulative return in cash totals $44,131. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $840/mo property income relative to a $604/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1982
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45640, Jackson, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,015 (100%) |
| Owner Occupied HU | 4,409 (62.9%) |
| Renter Occupied HU | 1,838 (26.2%) |
| Vacant Housing Units | 768 (10.9%) |
| Median Home Value | $168,306 |
| Average Home Value | $211,380 |
Housing Distribution
Address Breakdown
Residential
6,903
Single Family
6,711
Multi-Family
192
Businesses
676
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Listed by: Susan Daniels • ERA Martin & Associates Jackson
Mls Name: Scioto Valley AOR
Mls Provider:
Mls ID: #195743
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.