601 E Cornelia StHicksvilleOH43526
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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 Hicksville at 601 E Cornelia St, Hicksville, OH, 43526 listed at $225,000 pairs $1,973/mo rent with a $1,101/mo payment to leave $493/mo cash flow. Total monthly income runs $1,973/mo, and annual cash flow reaches $5,919/yr on $74,588 cash to close. Return on cash invested measures 27.84% in year one, and rental yield registers 10.52% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 145.97% and total cumulative return in cash totals $108,873. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,973/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1953
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43526, Hicksville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,528 (100%) |
| Owner Occupied HU | 1,873 (74.1%) |
| Renter Occupied HU | 473 (18.7%) |
| Vacant Housing Units | 182 ( 7.2%) |
| Median Home Value | $153,798 |
| Average Home Value | $205,088 |
Housing Distribution
Address Breakdown
Residential
2,396
Single Family
2,372
Multi-Family
24
Businesses
210
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Listed by: Riley Whitesell • Sam Switzer Realty LLC
Mls Name: NORIS
Mls ID: #6134314