548 Ohio StWickliffeKY42087
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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 Wickliffe at 548 Ohio St, Wickliffe, KY, 42087 with 5% annual appreciation on a $145,000 basis while $1,126/mo rent supports operations. Total monthly income totals $1,126/mo and a $710/mo payment preserves $243/mo for cash returns. Annual cash flow comes to $2,919/yr on $48,068 deployed, and return on cash invested reaches 25.98% in year one. Equity gained on principal adds $936/yr, and five-year appreciation sums $40,061 alongside rental yield of 9.32%. Five-year ROI measures 135.33% and total cumulative return in cash totals $65,048.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,126/mo property income versus a $710/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1990
5 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42087, Wickliffe, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,025 (100%) |
| Owner Occupied HU | 716 (69.9%) |
| Renter Occupied HU | 156 (15.2%) |
| Vacant Housing Units | 153 (14.9%) |
| Median Home Value | $112,097 |
| Average Home Value | $224,906 |
Housing Distribution
Address Breakdown
Residential
913
Single Family
913
Multi-Family
0
Businesses
74
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