408 W South StWest UnionOH45693
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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 West Union at 408 W South St, West Union, OH, 45693 priced at $259,000 converts $1,607/mo rent into after a $1,268/mo obligation. Total monthly income equals $1,607/mo. Return on cash invested prints 18.55% in year one, and rental yield reads 7.45% against a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation compiles into $71,557 by year five. Five-year ROI reaches 96.13% and total cumulative return in cash sums $82,540. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,607/mo property income covering a $1,268/mo payment, not borrower’s personal income.
Single Family
Built in 1968
0.34 Acres 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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Listed by: Heather J Purtee-Smart • MAX Sells Real Estate, LLC
Mls Name: Cincy MLS
Mls ID: #1850389