51 Harrison AveWheelersburgOH45694
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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 Wheelersburg at 51 Harrison Ave, Wheelersburg, OH, 45694 priced at $144,900 pairs $1,162/mo rent with $209/mo cash flow after a $709/mo payment. Total monthly income equals $1,162/mo, and annual cash flow comes to $2,509/yr on $48,034 invested. Return on cash invested is 25.13% in year one, and rental yield stands at 9.62% on a $144,900 basis. Equity gained on principal adds $935/yr, and 5% annual appreciation accumulates to $40,033 by year five. Five-year ROI measures 131.46% and total cumulative return in cash reaches $63,145. For financing, Ziffy Mortgage’s DSCR program evaluates $1,162/mo property income against a $709/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1972
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45694, Wheelersburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,003 (100%) |
| Owner Occupied HU | 3,370 (67.4%) |
| Renter Occupied HU | 1,242 (24.8%) |
| Vacant Housing Units | 391 ( 7.8%) |
| Median Home Value | $232,634 |
| Average Home Value | $243,322 |
Housing Distribution
Address Breakdown
Residential
5,105
Single Family
4,955
Multi-Family
150
Businesses
359
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Listed by: Valerie Carson • CENTURY 21 Empire Realty SE
Mls Name: GPABR
Mls ID: #152256
Disclaimer: Copyright Greater Portsmouth Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.