600 Garrett AveSteubenvilleOH43952
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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 Steubenville at 600 Garrett Ave, Steubenville, OH, 43952 with 5% annual appreciation on a $106,000 basis while $923/mo rent supports operations. Total monthly income totals $923/mo and a $519/mo payment preserves $226/mo for cash returns. Annual cash flow comes to $2,707/yr on $35,139 deployed, and return on cash invested reaches 27.61% in year one. Equity gained on principal adds $684/yr, and five-year appreciation sums $29,286 alongside rental yield of 10.45%. Five-year ROI measures 144.7% and total cumulative return in cash totals $50,848.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $923/mo property income versus a $519/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1900
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43952, Steubenville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,309 (100%) |
| Owner Occupied HU | 3,946 (47.5%) |
| Renter Occupied HU | 2,900 (34.9%) |
| Vacant Housing Units | 1,463 (17.6%) |
| Median Home Value | $138,682 |
| Average Home Value | $158,177 |
Housing Distribution
Address Breakdown
Residential
7,431
Single Family
6,605
Multi-Family
826
Businesses
864
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Listed by: James W Petrella • DeLuca Realty
Mls Name: MLS Now
Mls ID: #5181405