505 Township Road 1239ProctorvilleOH45669
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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 Proctorville at 505 Township Road 1239, Proctorville, OH, 45669 generates $0/mo in rent, after a $1,957/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -3.9% in year one, and rental yield is 0% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45669, Proctorville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,635 (100%) |
| Owner Occupied HU | 3,326 (71.8%) |
| Renter Occupied HU | 923 (19.9%) |
| Vacant Housing Units | 386 ( 8.3%) |
| Median Home Value | $197,269 |
| Average Home Value | $224,709 |
Housing Distribution
Address Breakdown
Residential
4,455
Single Family
4,455
Multi-Family
0
Businesses
193
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Tena Thompson • Signature Real Estate
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #226000061