5271 Lucasville Minford RdMinfordOH45653
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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 Minford at 5271 Lucasville Minford Rd, Minford, OH, 45653 priced at $259,900 converts $2,003/mo rent into $294/mo cash flow after a $1,272/mo obligation. Total monthly income equals $2,003/mo, and annual cash flow totals $3,522/yr on $86,157 invested. Return on cash invested prints 24% in year one, and rental yield reads 9.25% against a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation compiles into $71,806 by year five. Five-year ROI reaches 125.29% and total cumulative return in cash sums $107,950. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,003/mo property income covering a $1,272/mo payment, not borrower’s personal income.
Single Family
Built in 1970
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45653, Minford, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,591 (100%) |
| Owner Occupied HU | 1,129 (71.0%) |
| Renter Occupied HU | 327 (20.6%) |
| Vacant Housing Units | 135 ( 8.5%) |
| Median Home Value | $202,332 |
| Average Home Value | $211,351 |
Housing Distribution
Address Breakdown
Residential
1,484
Single Family
1,484
Multi-Family
0
Businesses
84
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