406 Saint Clair AveMingo JunctionOH43938
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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 Mingo Junction at 406 Saint Clair Ave, Mingo Junction, OH, 43938 priced at $114,900 pairs $1,420/mo rent with $665/mo cash flow after a $562/mo payment. Total monthly income equals $1,420/mo, and annual cash flow comes to $7,975/yr on $38,089 invested. Return on cash invested is 40.85% in year one, and rental yield stands at 14.83% on a $114,900 basis. Equity gained on principal adds $741/yr, and 5% annual appreciation accumulates to $31,745 by year five. Five-year ROI measures 215.66% and total cumulative return in cash reaches $82,142. For financing, Ziffy Mortgage’s DSCR program evaluates $1,420/mo property income against a $562/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43938, Mingo Junction, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,407 (100%) |
| Owner Occupied HU | 1,528 (63.5%) |
| Renter Occupied HU | 571 (23.7%) |
| Vacant Housing Units | 308 (12.8%) |
| Median Home Value | $99,673 |
| Average Home Value | $129,524 |
Housing Distribution
Address Breakdown
Residential
2,303
Single Family
2,228
Multi-Family
75
Businesses
99
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Listed by: Chad Becca • Cedar One Realty
Mls Name: MLS Now
Mls ID: #5161495