518 Ohio AveMartins FerryOH43935
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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 Martins Ferry at 518 Ohio Ave, Martins Ferry, OH, 43935 generates $1,075/mo in rent, after a $808/mo payment. Total monthly income is $1,075/mo. Return on cash invested sits at 19.67% in year one, and rental yield is 7.82% on a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 102.19% and total cumulative return in cash sums $55,895. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,075/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43935, Martins Ferry, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,079 (100%) |
| Owner Occupied HU | 2,250 (55.2%) |
| Renter Occupied HU | 1,262 (30.9%) |
| Vacant Housing Units | 567 (13.9%) |
| Median Home Value | $102,682 |
| Average Home Value | $136,140 |
Housing Distribution
Address Breakdown
Residential
3,655
Single Family
3,334
Multi-Family
321
Businesses
262
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Listed by: Stacey M Longenette • The Holden Agency
Mls Name: MLS Now
Mls ID: #5136267