60 Hope AveWest AlexandriaOH45381
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 West Alexandria at 60 Hope Ave, West Alexandria, OH, 45381 priced at $220,986 pairs $1,711/mo rent with $257/mo cash flow after a $1,082/mo payment. Total monthly income equals $1,711/mo, and annual cash flow comes to $3,084/yr on $73,257 invested. Return on cash invested is 24.12% in year one, and rental yield stands at 9.29% on a $220,986 basis. Equity gained on principal adds $1,426/yr, and 5% annual appreciation accumulates to $61,054 by year five. Five-year ROI measures 125.91% and total cumulative return in cash reaches $92,241. For financing, Ziffy Mortgage’s DSCR program evaluates $1,711/mo property income against a $1,082/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
9,827 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45381, West Alexandria, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,115 (100%) |
| Owner Occupied HU | 1,588 (75.1%) |
| Renter Occupied HU | 346 (16.4%) |
| Vacant Housing Units | 181 ( 8.6%) |
| Median Home Value | $233,700 |
| Average Home Value | $294,884 |
Housing Distribution
Address Breakdown
Residential
2,200
Single Family
2,200
Multi-Family
0
Businesses
104
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Listed by: Susan J Piersall-Hanes • BHHS Professional Realty
Mls Name: DABR MLS
Mls ID: #944709