356 Briggs RdWheelersburgOH45694
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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 Wheelersburg at 356 Briggs Rd, Wheelersburg, OH, 45694 offers $1,939/mo rent that, after a $1,300/mo payment, leaves $192/mo cash flow. Total monthly income is $1,939/mo, and annual cash flow is $2,303/yr on $88,046 cash. Return on cash invested measures 22.52% in year one, and rental yield stands at 8.76% at a $265,600 entry. Equity gained on principal adds $1,714/yr while 5% annual appreciation compounds into $73,380 by year five. Five-year ROI records 117.37% and total cumulative return in cash reaches $103,344. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,939/mo property income versus a $1,300/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2012
7.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45694, Wheelersburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,003 (100%) |
| Owner Occupied HU | 3,370 (67.4%) |
| Renter Occupied HU | 1,242 (24.8%) |
| Vacant Housing Units | 391 ( 7.8%) |
| Median Home Value | $232,634 |
| Average Home Value | $243,322 |
Housing Distribution
Address Breakdown
Residential
5,105
Single Family
4,955
Multi-Family
150
Businesses
359
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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