5058 Wheathill RdEast PalestineOH44413
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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 East Palestine at 5058 Wheathill Rd, East Palestine, OH, 44413 uses $47,239 cash to close to unlock $10,921/yr annual cash flow and $910/mo monthly cash flow. Total monthly income runs $1,847/mo, and a $697/mo payment keeps the spread at $910/mo. Purchase price stands at $142,500, and rental yield measures 15.55% with $1,847/mo rent. Return on cash invested shows 43.03% in year one, and 5% annual appreciation builds toward $39,370 over five years. Five-year ROI reaches 227.44% and total cumulative return in cash records $107,439. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,847/mo property income covering a $697/mo payment rather than investor’s personal income.
Single Family
Built in 1976
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44413, East Palestine, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,182 (100%) |
| Owner Occupied HU | 2,244 (70.5%) |
| Renter Occupied HU | 636 (20.0%) |
| Vacant Housing Units | 302 ( 9.5%) |
| Median Home Value | $159,827 |
| Average Home Value | $224,500 |
Housing Distribution
Address Breakdown
Residential
2,985
Single Family
2,930
Multi-Family
55
Businesses
243
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Listed by: Jaime Clutter • Howard Hanna
Mls Name: MLS Now
Mls ID: #5142494