353 Chestnut Ridge RdWest UnionOH45693
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 West Union at 353 Chestnut Ridge Rd, West Union, OH, 45693 offers a 7.89% rental yield on a $119,900 purchase with $788/mo rent. 88% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,126 over five years. Portfolio math shows five-year ROI at 103.34% and total cumulative return in cash at $41,076. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $788/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
9,321 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45693, West Union, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,187 (100%) |
| Owner Occupied HU | 2,549 (60.9%) |
| Renter Occupied HU | 1,133 (27.1%) |
| Vacant Housing Units | 505 (12.1%) |
| Median Home Value | $203,029 |
| Average Home Value | $218,161 |
Housing Distribution
Address Breakdown
Residential
3,765
Single Family
3,667
Multi-Family
98
Businesses
319
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Nearby investment properties with comparable prices
Listed by: Rachel Young • MAX Sells Real Estate, LLC
Mls Name: Cincy MLS
Mls Provider:
Mls ID: #1829917
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