504 Stark AveManchesterOH45144
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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 Manchester at 504 Stark Ave, Manchester, OH, 45144 uses $40,078 cash to close to unlock $2,142/yr annual cash flow and $178/mo monthly cash flow. Total monthly income runs $974/mo, and a $592/mo payment keeps the spread at $178/mo. Purchase price stands at $120,900, and rental yield measures 9.67% with $974/mo rent. Return on cash invested shows 25.25% in year one, and 5% annual appreciation builds toward $33,402 over five years. Five-year ROI reaches 132.08% and total cumulative return in cash records $52,934. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $974/mo property income covering a $592/mo payment rather than investor’s personal income.
Multi Family
Built in 1970
10,802 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45144, Manchester, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,987 (100%) |
| Owner Occupied HU | 1,114 (56.1%) |
| Renter Occupied HU | 490 (24.7%) |
| Vacant Housing Units | 383 (19.3%) |
| Median Home Value | $166,193 |
| Average Home Value | $191,136 |
Housing Distribution
Address Breakdown
Residential
1,712
Single Family
1,712
Multi-Family
0
Businesses
83
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Listed by: Jay Anderson • Ron's Realty Buy Kallam, Georg
Mls Name: Cincy MLS
Mls Provider:
Mls ID: #1813077
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