441 Loop RdPiketonOH45661
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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 Piketon at 441 Loop Rd, Piketon, OH, 45661 priced at $449,000 converts $774/mo rent into after a $2,198/mo obligation. Total monthly income equals $774/mo. Return on cash invested prints 2.34% in year one, and rental yield reads 2.07% against a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation compiles into $124,050 by year five. Five-year ROI reaches 9.13% and total cumulative return in cash sums $13,588. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $774/mo property income covering a $2,198/mo payment, not borrower’s personal income.
Single Family
Built in 1998
14.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45661, Piketon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,921 (100%) |
| Owner Occupied HU | 1,715 (58.7%) |
| Renter Occupied HU | 887 (30.4%) |
| Vacant Housing Units | 319 (10.9%) |
| Median Home Value | $169,622 |
| Average Home Value | $198,984 |
Housing Distribution
Address Breakdown
Residential
2,794
Single Family
2,794
Multi-Family
0
Businesses
177
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