507 N Main 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
Rental property for sale in Hicksville at 507 N Main St, Hicksville, OH, 43526 priced at $139,900 converts $1,089/mo rent into $169/mo cash flow after a $685/mo obligation. Total monthly income equals $1,089/mo, and annual cash flow totals $2,022/yr on $46,377 invested. Return on cash invested prints 24.27% in year one, and rental yield reads 9.34% against a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation compiles into $38,652 by year five. Five-year ROI reaches 126.79% and total cumulative return in cash sums $58,803. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,089/mo property income covering a $685/mo payment, not borrower’s personal income.
Single Family
Built in 1900
8,498 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: Sam Murphy • Sam Switzer Realty LLC
Mls Name: NORIS
Mls ID: #6133499