500 Letson AveKentonOH43326
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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 Kenton at 500 Letson Ave, Kenton, OH, 43326 priced at $174,900 converts $646/mo rent into after a $856/mo obligation. Total monthly income equals $646/mo. Return on cash invested prints 9.47% in year one, and rental yield reads 4.43% against a $174,900 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,322 by year five. Five-year ROI reaches 47.4% and total cumulative return in cash sums $27,480. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $646/mo property income covering a $856/mo payment, not borrower’s personal income.
Single Family
Built in 1900
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43326, Kenton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,867 (100%) |
| Owner Occupied HU | 3,777 (64.4%) |
| Renter Occupied HU | 1,558 (26.6%) |
| Vacant Housing Units | 532 ( 9.1%) |
| Median Home Value | $160,071 |
| Average Home Value | $183,115 |
Housing Distribution
Address Breakdown
Residential
5,575
Single Family
5,241
Multi-Family
334
Businesses
487
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Listed by: Antwilla Davis • Century 21 Sunway Realty-Kenton
Mls Name: WCAR OH
Mls Provider:
Mls ID: #305046
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.