505 E Smith StHicksvilleOH43526
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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 Hicksville at 505 E Smith St, Hicksville, OH, 43526 offers a 9.46% rental yield on a $151,000 purchase with $1,190/mo rent. Total monthly income registers $1,190/mo, and a $739/mo payment leaves $197/mo available for distribution. Annual cash flow reaches $2,362/yr on $50,057 to close, and return on cash invested stands at 24.63% in year one. Equity gained on principal adds $974/yr while 5% annual appreciation supports $41,719 over five years. Portfolio math shows five-year ROI at 128.68% and total cumulative return in cash at $64,412. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,190/mo property income against a $739/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
10,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43526, Hicksville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,528 (100%) |
| Owner Occupied HU | 1,873 (74.1%) |
| Renter Occupied HU | 473 (18.7%) |
| Vacant Housing Units | 182 ( 7.2%) |
| Median Home Value | $153,798 |
| Average Home Value | $205,088 |
Housing Distribution
Address Breakdown
Residential
2,396
Single Family
2,372
Multi-Family
24
Businesses
210
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Listed by: Amanda Ross • AmeriMade Realty, LLC
Mls Name: NORIS
Mls ID: #6134290
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. 2025 NORIS. All rights reserved.