5891 State Route 141Kitts HillOH45645
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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 Kitts Hill at 5891 State Route 141, Kitts Hill, OH, 45645 offers a 9.23% rental yield on a $389,900 purchase with $3,000/mo rent. Total monthly income registers $3,000/mo, and a $1,908/mo payment leaves $436/mo available for distribution. Annual cash flow reaches $5,228/yr on $129,252 to close, and return on cash invested stands at 23.95% in year one. Equity gained on principal adds $2,516/yr while 5% annual appreciation supports $107,722 over five years. Portfolio math shows five-year ROI at 125.05% and total cumulative return in cash at $161,629. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,000/mo property income against a $1,908/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1865
2.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45645, Kitts Hill, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,120 (100%) |
| Owner Occupied HU | 837 (74.7%) |
| Renter Occupied HU | 161 (14.4%) |
| Vacant Housing Units | 122 (10.9%) |
| Median Home Value | $93,804 |
| Average Home Value | $120,729 |
Housing Distribution
Address Breakdown
Residential
1,115
Single Family
1,115
Multi-Family
0
Businesses
14
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Listed by: Bill Klaiber • Century 21 Homes And Land
Mls Name: HUNTMLS
Mls ID: #183015