41 Mill StUticaOH43080
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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 Utica at 41 Mill St, Utica, OH, 43080 offers a 8.39% rental yield on a $250,000 purchase with $1,748/mo rent. Total monthly income registers $1,748/mo, and a $1,224/mo payment leaves $103/mo available for distribution. Annual cash flow reaches $1,238/yr on $82,875 to close, and return on cash invested stands at 21.4% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 111.42% and total cumulative return in cash at $92,338. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,748/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43080, Utica, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,365 (100%) |
| Owner Occupied HU | 1,697 (71.8%) |
| Renter Occupied HU | 481 (20.3%) |
| Vacant Housing Units | 187 ( 7.9%) |
| Median Home Value | $286,210 |
| Average Home Value | $532,577 |
Housing Distribution
Address Breakdown
Residential
1,740
Single Family
1,700
Multi-Family
40
Businesses
117
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