60704 Salem RdSalesvilleOH43778
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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 Salesville at 60704 Salem Rd, Salesville, OH, 43778 offers a 0% rental yield on a $192,000 purchase with $0/mo rent. 91% in year one. Equity gained on principal adds $1,239/yr while 5% annual appreciation supports $53,046 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $940/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1853
3.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43778, Salesville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 636 (100%) |
| Owner Occupied HU | 434 (68.2%) |
| Renter Occupied HU | 83 (13.1%) |
| Vacant Housing Units | 119 (18.7%) |
| Median Home Value | $206,122 |
| Average Home Value | $237,062 |
Housing Distribution
Address Breakdown
Residential
561
Single Family
561
Multi-Family
0
Businesses
12
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No similar rental properties found nearby.
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Listed by: Jessica R Moore • Leonard and Newland Real Estate Services
Mls Name: MLS Now
Mls ID: #5167375